Word: agnellis
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...intently toward Russia for new markets. "Wherever We Can."Italian businessmen have a long tradition of separating their personal ideologies from their public practices. Thus, at a state dinner in Rome's tapestry-hung Quirinale Palace, Podgorny broke bread and chatted ami- ably with Fiat's Gianni Agnelli, whose company's struggle with Communist trade unions embittered the immediate postwar years; with Giorgio Valerio, the head of Montecatini-Edison, the electric giant, whose hatred for the left is so virulent that he considered the center-left coalition in Italy little short of treason; and with such other...
When in London, he puts up with U.S. Ambassador David K. E. Bruce; in Manhattan he lunches at the St. Regis with "Babe" Paley, wife of the CBS board chairman. And when time comes to cruise the Greek isles, he goes shipmate with Gianni and Marella Agnelli, Prince Adolfo Caracciolo and Kay Graham, the peripatetic but serious-minded owner of the Washington Post...
Since it was established in 1899, Fiat, the second biggest automaker in Europe and the fifth biggest in the world, has had only two chairmen: Founder Giovanni Agnelli and, since 1945, Vittorio Valletta. Last week, at the age of 82, Valletta turned the wheel over to Gianni Agnelli, 45, grandson of Fiat's founder and a charter member of the international...
...Agnelli took over the company's chairmanship on the eve of a major new venture. Russia is expected to sign in a few days a "precontract" for the construction of a $600 million auto plant in Russia. Half of the plant will be purchased from Fiat. If the contract goes through, the plant will be opened in 1970 and will eventually turn out 500,000 modified Fiat 124s annually...
...change of management from the elderly Valletta to the next-generation Agnelli might mean a difficult adjustment for some old hands at Fiat, but Agnelli says, "There's going to be no shock at all." Although he now acquires operative control of the firm, he already had financial control as head of the family holding company, I.F.I., which owns 25% of Fiat stock. Agnelli became a vice president of Fiat in 1945 and then a managing director in 1963, all the while swinging socially with an easy smile and a classic Roman profile. The skiing and boating...