John Elkann

AAA

DEFINITION of 'John Elkann'

The chairman of Italian automaker Fiat. As a member of the powerful Agnelli family, which controlled Fiat, Elkann was groomed for the business, which prepared him to take on important roles in the company at a young age after the premature deaths of his grandfather Gianni Agnelli and Agnelli's son and brother. At the time Elkann attained the position of vice chairman, Fiat was suffering from its vehicles' poor reputation for reliability. Elkann worked closely with management and turned the company around.

INVESTOPEDIA EXPLAINS 'John Elkann'

Born in 1976 in New York City, Elkann earned his bachelor of science degree in industrial engineering and management from Turin Polytechnic in 2001. He first worked at Fiat in 1994 as an intern and earned promotions to increasingly responsible positions. He became a board member of Fiat in 1997, vice chairman in 2004 and chairman in 2010, when Luca Cordero di Montezemolo stepped down.



RELATED TERMS
  1. Giuseppe Morchio

    An Italian executive who became CEO of Italian automaker Fiat ...
  2. Chairman

    An executive elected by a company's board of directors that is ...
  3. Corporate Headquarters

    A place where a company's executive offices and executives' direct ...
  4. Corporate Action

    Any event that brings material change to a company and affects ...
  5. Corporate Governance

    The system of rules, practices and processes by which a company ...
  6. Corporation

    A legal entity that is separate and distinct from its owners. ...
Related Articles
  1. Evaluating The Board Of Directors
    Insurance

    Evaluating The Board Of Directors

  2. Top 10 Ways To Get Top Dollar For Your ...
    Personal Finance

    Top 10 Ways To Get Top Dollar For Your ...

  3. Save On Planes, Trains And Automobiles
    Personal Finance

    Save On Planes, Trains And Automobiles

  4. Top Tips For Cheaper, Better Car Insurance
    Options & Futures

    Top Tips For Cheaper, Better Car Insurance

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center