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21-07-2018
Unexpected news shakes the Fiat-Chrysler Group. Number one had complications after the surgery and they have already named who will succeed him at the office
Unexpected statement Saturday afternoon surprised by the news that Sergio Marchionne, number one of the group FCA should be removed from his post by serious complications in his
this way, the schedule for the relief of the executive that was in progress, had go forward after learning that during this week some complications unexpected arose. while he was recovering from surgery, and that this has worsened considerably in the last hours.
The Board of Directors of FCA met today and expressed its support for Marchionne and his family. At the same time, he emphasized the extraordinary contribution, both human and professional, that he has made to the company in recent years.
In addition, the Board resolved to accelerate the process of transition of the CEO who has taken over the past few months and named Mike Manley, the current responsible for the SUV brand Jeep and for light trucks Ram, as the new CEO .
Change also driving Italian automaker Ferrari, which will be led by Louis Camilleri.
John Elkann, the grandson and heir of the industrial empire created by Gianni Agnelli, declared that they were to activate the succession plan for the deterioration of the health of the charismatic executive. " It was unthinkable a few hours ago ", he badures
In the same note he badures, without going into more details, that Marchionne " will not be able to return to job". "Extraordinary contribution" made to the company
Meanwhile, in order to provide all its authority and operational continuity to the company, the council granted to Manley with immediate effect all powers of general manager ] will also badume responsibility for the NAFTA region
Manley and his management team will proceed with the implementation of the business plan 2018-2022 as presented June 1st. This year, a plan will further ensure a strong and independent future for FCA.
"I am deeply sad to know the state of health of Sergio. It is a situation that was unthinkable until 1945. a few hours ago, and that leaves us all with a real sense of unfairness, "said Elkann, grandson of Fiat's founder.
"My first thoughts are with Sergio and his family From the beginning, when we met to discuss the possibility of working for the Group, even more than its unusual abilities of management and intelligence, were his human qualities, his generosity and in that he understood the people During the past 14 years, we have had successes and difficulties, internal crises and external, but also unique and irreplaceable moments, both personal and professional, "said John Elkann, president of the FCA
. Illustrated leader and an incomparable reference point. For me, he was someone with whom to share his thoughts and trust, a mentor and foremost a true friend. It taught us to think differently and to have the courage to change, often unconventionally, always acting with a sense of responsibility towards companies and their employees. He taught us that the only question that is worth
at the end of each day is whether we could change something for the better, if we could make a difference.
"I would like to ask everyone ] to understand in these circumstances and to respect the private life of Sergio and his relatives. "
His career
Sergio Marcchionne was part of Fiat Chrysler Automobiles (FCA) 14 years and it is he who managed to emerge from the severe crisis that went through the group and revived the Ferrari group
At 66, he left the company early, announcing his departure from the FCA for spring next year.
In 2003, Umberto Agnelli called him to be part of the Fiat board of directors and the following year he became delegate delegate at the time where the company
With his usual blue jersey he succeeded in 14 years to bring Fiat out of the crisis and to make it a "solid company with a bright and brilliant future". ", As he said last June, when his industrial plan was announced until 2022 and 45,000 million dollars of investments.
This Italian, although cultivated in Canada, was visionary and architect merger with the American group Chrysler in 2009, which revived the group of the family Agnelli although now with legal seat in Amsterdam (Holland) and the prosecutor in London.
But the figures of the Marchione era tell it all. The billed move from 47,000 million euros in 2004 to 141,000 million last year. Of the losses of 1,500 million euros in 2004, it reached a net profit of 4,400 million in 2007.
Marchionne, considered a tough, had significant clashes with the unions of the sector but also with badociation of entrepreneurs (Confindustria) that emerged in 2011 after several divergences and which at the time was a resounding fact.
He also knew to revive the brands of the American group as Jeep which he considered "the flagship of the company" with the launch in Europe of models such as the new Wrangler and the new Cherokee
In Italy, opted for the Pomigliano factory (south) where the new Panda is built and reinvents new models like the 500L and three new Lancia: Ypsilon, Voyager and Flavia.
With Marchionne, Ferrari is again the jewel of the Agnelli family, they acquire 90 percent of the shares that were owned by banks and investors and a separate company of Fiat listed on the Stock Exchange.
Ferrari 's first quarter results of 2018 were an increase of 19.4% over the same period last year and a turnover of 3,400 million.
The team still has time to return to succeed in Formula 1 but Marchionne today leaves the "rampant cavallino" with the German Sebastian Vettel The pole position of German Grand Prix Formula 1 Saturday and the third on the grid will be the driver of "rossa" Kimi Raikkonen (Ferrari).
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