About

Carlo Daneo is a hugely respected in-house lawyer who has overseen some of the most complex corporate and commercial matters in the European auto industry. For more than 10 years he held a number of senior positions at Italian automotive giant Fiat and played a leading role in its hugely challenging 2010 demerger which saw the industrials and car manufacturing parts of the business split into separate listed companies. Daneo’s experience of managing this tricky separation led to his appointment as general counsel of Ferrari, the luxury sports car manufacturer, in July 2015, just as it was about to begin a difficult spin-off from Fiat Chrysler Automobiles (FCA). Daneo played an important part in the series of operations that led to Ferrari’s eventual separation from the parent company at the beginning of 2016. The transaction included a restructuring that placed assets into a new holding company and a listing of common shares on the New York Stock Exchange (NYSE) under the ticker “Race”. Ferrari will now rely on Daneo’s formidable understanding of the auto industry to help stimulate growth in rapidly expanding markets with high demand for luxury goods.