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.
Recommended For You
- Amazon beauty presents Vanity Diaries | Episode 3- Discover Tamannaah’s Love For Bling And Everything In Between
- Arjun Rampal and Gabriella Demetriades Blessed with a Baby Boy, Wishes Pour In
- Gearing up For 2053 World Cup? Cricket Fans Try Viral #FaceAppChallenge on Team India
- Erica Farnandes-Parth Samthaan's Kasautii Zindagii Kay Gets a New Villain in Alka Amin
- ICJ Orders Pakistan To Grant Consular Access To Kulbhushan Jadav