22
Apr

The meteoric rise of John Elkann

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His first thoughts as the new chairman of Fiat was to his grandfather, the legendary Avvocato Giovanni Agnelli: "How I wish he could be here." John Philip Elkann Jacob took over the destinies of the industrial group the age of thirty-four years. Giovanni Agnelli was forty-five when he did in 1966.

There is an analogy of destiny in the Agnelli family. In a slight difference: the little son-burning steps faster than his grandfather. It did not take more than six years to take all the power in the dynasty, while the hall Avvocato had for twenty years under the tutelage of a trust manager, Vittorio Valletta.

He is now head of the three levels of command. President of the Family Partnership "Giovanni Agnelli and Co, when the current owner Gianluigi Gabbetti, a close family, will conclude his term in MayPresident since 2008 of the holding company Exor, the holding company controlled by the family. And now chairman of its main industrial participation, Fiat in this case.

Between U.S. and Europe

This course Emeritus, John Elkann was accomplished with a reserve and discretion authentically Turin, and casual air of one who "does that happen." Those who have followed him have still yet noticed that the young man knew where he went and made every effort to do so.

Born April 1, 1976 in New York, he has five when his parents divorced, the writer and journalist Alain Elkann Franco-Italian and the daughter of the Avvocato, Margherita Agnelli. With his brother Lapo and his sister Ginevra, he spent his youth between the U.S. and Europe, attended high school in Paris where he passed his baccalaureate at the Lyc?e Victor Duruy science.In 2000, he graduated from Polytechnic of Turin, nursery managers of Italian industry.

Without dwelling on trivialities like his grandfather had done after the war, he joined in 2001 at General Electric, as statutory auditor. Two years later, here he is already in IFI, the holding of a family: now associated with the first plan to revive Fiat, along with his uncle Umberto Agnelli. He succeeded in 2004 as vice president, at his death.

His cousin, Giovanni Alberto, the son of Umberto, was the designated heir to the head of the clan. His sudden death in 1997 at age 33, victim of cancer, created a vacuum. In December of that year, the Avvocato set foot in the stirrup to John by naming him director of Fiat.

In 2004, few were betting on its survival in a group adrift.Fiat collapsed under a huge debt, the family clan was divided, and cherry pie, General Motors threatened to seize the manufacturer. Several Agnelli were ready to pull out of the car.

Family unit

Near Gianluigi Gabbetti, the young Elkann took important decisions. He restored the family unit around an ambitious rescue of Fiat, the convincing to grab the wallet. On the other, it gave carte blanche to a manager of emergency, the Chief Executive Sergio Marchionne, supported by a family friend, Luca Cordero di Montezomolo named president. Understated but always present, he gave the endorsement of the clan in terms of a merger with Chrysler, which marks a new stage in the history of Fiat. Like his grandfather, John Elkann closely follows the exploits of Juventus. A "enough is enough" dry in 2008 lead to oust managers involved in a corruption scandal.He is also a sailing enthusiast and expects to complete another project dear to his grandfather to attend a race around the world. He told the skipper Giovanni Soldini, the task of representing him in October 2011 in the "Volvo Ocean Race with VOR70" Italia ", purchased with his own money.

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