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. Outside Director

    Any member of a company's board of directors who is not an employee ...
  5. Corporate Action

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

    The system of rules, practices and processes by which a company ...
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. Passive ETF

    One of two types of exchange-traded funds (ETFs) available for investors. Passive ETFs are index funds that track a specific ...
  2. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  3. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  4. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
Trading Center