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The recently appointed
Chief Marketing Officer for the Fiat Group
and an undoubted rising star Luca De Meo
(above, at the Frankfurt IAA in September)
is to become the new CEO of the Alfa Romeo
brand. |
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The recently appointed Chief
Marketing Officer for the Fiat Group and an undoubted
rising star Luca De Meo is to become the new CEO of the
Alfa Romeo brand, replacing Antonio Baravalle who is
leaving the group for a new position with an Italian
publishing group.
Baravalle
took over as CEO of the Alfa Romeo division from a
similar position at Lancia in September 2005, but has
been looking to leave the group for sometime. De Meo
meanwhile has steered the Fiat brand through its
burgeoning revival over the last few years, introducing
acclaimed models such as the Grande Punto and Bravo, and
most recently overseeing the launch of the hugely
successful new 500.
In mid
September De Meo somewhat surprisingly left his role as
Fiat brand CEO to become Chief Marketing Officer for the
Fiat Group. This new position was said to offer a very
wide ranging brief across the Fiat Group, Including
Iveco and CNH Global, and the highly-regarded De Meo,
who is thought of as a favourite to assume the Auto
Division CEO's position when Sergio Marchionne
relinquishes the role in the future, is expected be able to fully utilise
his marketing strengths in the new job.
"In this newly created role Mr. De Meo is responsible for all brand marketing related
activities across all Fiat Group Sectors," said a
statement issued by Fiat at the time. "His contribution
to the rejuvenation and relaunch of the Fiat Brand in a
short period of time puts him on an ideal position to
promote the various Fiat Group Brands and develop new
marketing capabilities across the Group. Mr. De Meo will
become full member of the Group Executive Council," it
added.
De Meo also
retained responsibility for the Abarth brand, which he
launched during his tenure as the Fiat brand CEO. Now he
adds Alfa Romeo to his brief. Marchionne revealed the
news today, saying: "The way Luca De Meo has dealt with
big challenges with commitment, passion and
determination is the best guarantee for the relaunch of
Alfa Romeo and for the development of marketing for all
the Fiat group brands."
Alfa Romeo
is presently gearing up for a relaunch in the United
States, after almost a decade and a half away, and
Marchionne believes that De Meo's position as Chief
Marketing Officer and Alfa Romeo CEO will see him "in
the ideal position to follow one of the most important
projects of the brand, its return in the US."
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