Agnelli


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Agnelli

(än-yĕl`lē), family of Italian industrialists.

Giovanni Agnelli, 1866–1945, served as a cavalry officer until 1892. One of the founders (1899) of Fiat (Fabbrica Italiana Automobili Torino), he became its head in 1901. He also established (1907) Italy's first ball-bearing plant. Under Agnelli's leadership, Fiat became one of Europe's leading manufacturers of automobiles and also produced airplanes, railroad cars and locomotives, streetcars, and tractors as well as armament for the Italian military. He supported Benito MussoliniMussolini, Benito
, 1883–1945, Italian dictator and leader of the Fascist movement. Early Career

His father, an ardent Socialist, was a blacksmith; his mother was a teacher.
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, who rewarded Agnelli with an appointment (1923) to the Italian senate. An important figure in Italy's World War II mobilization, Angelli was removed from Fiat's leadership after the war's end.

His grandson, Giovanni Agnelli, 1921–2003, known as Gianni Angelli, studied law at the Univ. of Turin and was an army officer during World War II. He was named a vice president (1953) of Fiat, managing director (1963), and chairman (1966), returning the company to family control. Also active in politics, he was appointed to the Italian senate in 1991. Under his direction, Fiat diversified into banking, insurance, energy companies, real estate, chemicals, newspaper publishing, tourism, and other industries. Although the Fiat car company was in serious financial trouble by late 20th cent., Gianni Agnelli remained committed to the family's original business, which accounted for less than a quarter of Fiat's holdings when he died.

His younger brother, Umberto Agnelli, 1934–2004, also studied law at the Univ. of Turin (grad. 1959), served (1976–79) as a senator, and was a senior Fiat executive, spending many years running the family holding companies IFI (est. 1927) and IFIL (acquired 1958). He was largely responsible for the diversification of Fiat that occurred during Gianni's chairmanship. Upon his brother's death, Umberto succeeded him as chairman, serving until his own death.

Gianni's grandson, John Philip Elkann, 1975–, was his grandfather's chosen successor. Elkann, who grew up in Britain, Brazil, and France and studied engineering in Turin, joined the Fiat board at 22 and was widely considered the heir apparent to company leadership. After the death of his grandfather and great-uncle he became vice chairman of Fiat (now Fiat Chrysler Automobiles) and of the family holding company Giovanni Agnelli e C.; he became chairman of both in 2010. In 2011 Elkann also became chairman of Exor (created by the merger of IFI and IFIL in 2009).

References in periodicals archive ?
Agnelli then confirmed that it was Allegri's hope to end on a high that was the reason for the break - the Juve president having declared after the Ajax loss that he wanted him to stay.
Change to European club competitions has become a controversial issue after Andrea Agnelli, the president of the European Club Association (ECA), which represents Europe's top teams, outlined proposals for a new 'super-league' that guarantees qualification for certain clubs and features European fixtures at weekends.But, following the four-hour meeting on Tuesday, Tebas said in a press conference: "It is not possible to make reforms without the agreement of the leagues.
ECA chairman Andrea Agnelli said it was too early to give precise details on what UEFA competitions might look like after the current cycle ends in 2024, however he gave some insight into the body's thinking following a general assembly.
Ex-Italy coach Conte fell out with Juve president Andrea Agnelli when he left five years ago, but relations have improved since then.
"Pending approval of the Uefa executive committee, the 'green light' has been given to introduce a third competition, bringing the overall number of clubs to 96, as of the 2021-22 season," chief executive Andrea Agnelli told a meeting of the European Club Association.
Speaking at a press conference that was streamed online, chairman Andrea Agnelli said the ECA is football's "entrepreneurial body that invests in the game, running risks on a daily basis".
JUVENTUS president Andrea Agnelli has provided a glimmer of hope for Manchester City and other clubs interested that Paul Pogba is not a certainty to remain with the Italian champions next season.
"Agnelli has discovered the problem because no one, not only in Italy, but in the world, can refuse an obscene offer.
Giovanni Agnelli took to twitter claiming that the whole story is being blown out of proportion by the "manipulative media," the Daily Mail reported.
Fiat chairman and Agnelli family heir, John Elkann, said, 'We have no plans to buy a stake in Mazda.'
20 April 2012 a[euro]" Italian investor Exor SpA (BIT:EXO), controlled by the Agnelli family, announced on Friday it had concluded the divestment of travel agencies operator Alpitour SpA to Seagull SpA for EUR225m (USD297.4m).
He has worked for the Agnelli Family's companies since 1991.