Former FCA CEO Passes Away
Sergio Marchionne, former CEO of Fiat Chrysler Automobiles (FCA) has passed away.
“Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone,” said John Elkann, EXOR. “I believe that the best way to honor his memory is to build on the legacy he left us, continuing to develop the human values of responsibility and openness of which he was the most ardent champion. My family and I will be forever grateful for what he has done. Our thoughts are with Manuela, and his sons Alessio and Tyler. I would ask again everyone to respect the privacy of Sergio’s family.”
Mike Manley was appointed as CEO of Fiat Chrysler Automobiles N.V. and COO of the NAFTA region on July 21. Manley was most recently Head of Jeep and Head of Ram.