Former Fiat Chrysler CEO Sergio Marchionne Dies Aged 66
Fiat and Chrysler merged officially under Marchionne's management on August 1, 2014.
File photo of Sergio Marchionne, Former CEO of Fiat Chrysler Automobiles. (Image: Reuters)
Former Fiat Chrysler chief executive Sergio Marchionne has died at the age of 66, the carmaker's controlling family shareholder said on Wednesday. Marchionne fell gravely ill after suffering complications following recent surgery in a Zurich hospital. "Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone," FCA Chairman John Elkann, of the controlling Agnelli family, said in a statement. Marchionne was appointed CEO of Fiat Chrysler in 2009. Fiat and Chrysler merged officially under Marchionne's management on August 1, 2014.
He was replaced as chief executive last weekend after Fiat Chrysler (FCA) said his condition had worsened. Jeep division head Mike Manley was named to succeed longtime Chief Executive Sergio Marchionne, one of the auto industry's most tenacious and respected auto chiefs, who fell seriously ill after suffering complications following surgery last week. Marchionne was already due to step down next April.
Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.
Recommended For You
- Gautam Kumar Jha Becomes Third Crorepati on KBC, Quits at Rs 7 Crore Question
- India, Stressed: More than Half of Commuters in Metro Cities Likely to Commit Road Rage
- FASTag Will Soon be Mandatory For Your Car: This is How The Digital Payment Tag Works
- There is a Strong Medical Case For Using Masks And Air Purifiers Against Pollution
- Redmi Note 8, Redmi Note 8 Pro Launched in India: Specs, Price and More