Mar.18 (GMM) As predicted, former team boss and company executive Jean Todt has now stepped down from all his roles with the Ferrari marque.
The development was formalised on Tuesday at Maranello, where the annual Ferrari stockholders' meeting took place."Chairman Luca di Montezemolo announced Jean Todt's decision to resign his membership of the Ferrari board of directors and from all of the other positions he holds in the company," a statement confirmed.63-year-old Frenchman Todt was appointed team principal in 1993, and he oversaw the subsequent highly successful Michael Schumacher era, before handing over the role to Stefano Domenicali in 2007.Todt, however, retained a 'special appointments' responsibility after resigning as CEO, but we reported last month that he would shortly also step down as Ferrari's representative at the FIA World Council."Jean Todt has been one of the leading protagonists of the Ferrari story of the last 15 years," said Montezemolo.The Italian sports newspaper Tuttosport said Todt's severing of all ties with Ferrari clears the path should he bid to become the next FIA president.
