Sergio Marchionne looks set to add yet another executive role to his plate.
Bloomberg reports that the Fiat Chrysler and Ferrari president will soon also take over as Ferrari's CEO, as Amedeo Felisa is tipped to retire.
Ferrari declined to comment, but the news follows the Maranello marque having lost almost a third of its value since being floated on the New York stock exchange last October.
Bloomberg said that Felisa, 69, was one of the "closest aides for more than 20 years" of former president Luca di Montezemolo, who was ousted by Marchionne prior to the floatation.
If confirmed, Marchionne will add his new role as Ferrari CEO to his other titles, including chairman roles at companies CNH and SGS, vice-chairman of the Agnelli family investment company Exor and a director of Philip Morris.
