Case | HBS Case Collection | March 2012

The Agnellis and Fiat: Family Business Governance in a Crisis (A)

by John A. Davis, Bernardo Bertoldi and Roberto Quaglia

Abstract

After the death of Umberto Agnelli in 2004, the Agnelli family, led by John Elkann, needs to decide whether to keep Fiat CEO Giuseppe Morchio. The Fiat Group is in a delicate financial position, and John Elkann, the new family leader, is untested in this role. The stakes of this decision are high for both the family and the family business. The case describes the leadership and governance of the Fiat Group and raises questions on who should be involved in such decisions.

Keywords: Family Business; Family Ownership; Management Teams; Leadership; Corporate Governance; Crisis Management; Auto Industry; Manufacturing Industry; Italy;

Citation:

Davis, John A., Bernardo Bertoldi, and Roberto Quaglia. "The Agnellis and Fiat: Family Business Governance in a Crisis (A)." Harvard Business School Case 812-128, March 2012.