Maserati's N.A. chief Eulberg quits after 11 months

Eulberg: Gone from Maserati
UPDATED: 4/21/09 6:15 pm ET Maserati North America Inc. said CEO Marti Eulberg has resigned after less than a year with the company.

She will “pursue other opportunities,” Maserati said in a statement Tuesday.Her interim replacement will be Raffaele Fusilli, Maserati’s global commercial director.

Eulberg joined the Fiat S.p.A. unit in June after more than two decades in the industry.

She started her career at Ford Motor Co. in 1986 and held sales and marketing positions with its Volvo and former Jaguar unit.

Last year, Maserati limited its U.S. sales decline to 1.2 percent as the industry dropped 18 percent. Through March of this year, Maserati sold 247 cars in the United States, a 57.8 percent decline amid an industrywide tumble of 38.4 percent.

Eulberg replaced James Selwa, who left after less than three years. She reported to Fusilli.

“During a very challenging time, Maserati was one of the very few automotive players in North America to post a positive result in terms of sales in 2008,” Fusilli said in the statement.



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