Pininfarina Ceo Dies In Motorcycle Accident

t@t · Post time 7-8-2008 08:31 PM

August 7, 2008 at 8:13 pm

Pininfarina

51 year old Pininfarina CEO (and grandson of Pininfarina founder Battista Pininfarina) Andrea Pininfarina died this morning in a road accident near Turin while he was riding to Pininfarina’s R&D center on his Vespa motorcycle. He is survived by his wife and 3 kids.

This is bad news indeed for Pininfarina the company as it is currently in the midst of restructuring. The Pininfarina family currently controls 55% of the company’s voting shares but stands to lose its majority with a reduction to 30% shares thanks to a new 100 million Euro capital increase request from its shareholders to cover its losses.

There are a number of key people with stake in Pininfarina including Piero Ferrari, Ratan Tata and Vincent Bollore.

http://paultan.org/archives/2008 ... otorcycle-accident/

t@t · Post time 7-8-2008 08:32 PM

Pininfarina S.p.A. (BIT: PINF) (short for Carozzeria Pininfarina) is an Italian car design firm and coachbuilder in Cambiano, Italy, founded in 1930 by automobile designer and builder Battista "Pinin" Farina (following the company, his family name became Pininfarina in 1961, as a result of combining his nickname and surname).
Over the years the company has been employed by many automobile manufacturers, notably Ferrari, Maserati, Cadillac, Nash, Peugeot, Jaguar, Volvo, Alfa Romeo, MG, Cisitalia, and Lancia. Since the 1980s Pininfarina has also provided industrial design and interior design consultation to corporate clients. Furthermore, over the years the company has designed trams (e.g. those in Lille),trains (e.g. Dutch domestic high-speed trains currently being built),and trolleys (e.g. Boston Green Line). Up to his death on August 7th, 2008, Pininfarina was run by Battista's grandson Andrea Pininfarina:the new responsibility designation is presently pending. ThePininfarina Group employs more than 3,000 people in subsidiary companyoffices throughout Europe, as well as in Morocco and China.
Pininfarina is registered and publicly traded on the Borsa Italiana (Milan Stock Exchange).

t@t · Post time 7-8-2008 08:37 PM

Andrea Pininfarina with the one-of-a-kind Ferrari P4/5, designed for a collector.

t@t · Post time 7-8-2008 08:54 PM

Andrea Pininfarina
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Andrea Pininfarina (June 26, 1957 - August 7, 2008) was the CEO of the coachbuilder of his family's name, Pininfarina.

In 1981 he graduated from Polytechnic of Turin as a mechanical engineer and in 1982 was employed by Freuehauf corporation in the United States of America.

[1] In 1983 he joined the family business as Program Manager of the Cadillac Allanté project at Pininfarina.

[1][2] In 1987 he was promoted to Co-General Manager of the company, and in 1988 he became General Manager.

In 1994 he was again promoted to Managing Director, and in 2001 he assumed the responsibility of chief executive officer.

[1] He died in a motorbike accident near Turin, Italy, on August 7, 2008. [3]