Former FCA head Sergio Marchionne has died

Former FCA head Sergio Marchionne has died

July 25, 2018 0 By autotimesnews

The former head of the FCA concern Sergio Marchionne died on the 67th year of his life, reports Sky Sport. The exact causes of death are still unknown. Prior to this, Marchionne was urgently hospitalized in a university hospital in Zurich after a sharp deterioration in his health. Five days ago he had surgery on his shoulder.

The new CEO of the concern appointed head of Jeep Mike Manley. In the near future, his candidature will be officially approved for this post after the shareholders’ meeting. In turn, in the Ferrari, where Marcionne was in parallel as CEO, his successor will be Louis Camilleri.

Earlier it was reported about the plans of Marchionne to leave FCA concern at the end of this year. His successor, he planned to appoint someone from the top managers of the new generation, Sam Marcionne himself said that after retiring will be doing something else. In the automotive sphere, or not, he did not specify.

Sergio Marchionne worked as the head of Fiat since 2004. During this time, the company merged with Chrysler, which merged in early 2014.