Sergio Marchionne has stepped down as CEO of Fiat Chrysler for serious health problems



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In an urgent notice Fiat Chrysler Automobiles (CAF) reported yesterday that Sergio Marchionne left the position of CEO of the group because of his delicate state of health ] Mike Manley, former Jeep leader, took his place

"Mr. Marchionne will not be able to return to work ," they said from the company, after explaining that Unexpected complications occurred. Marchionne was responsible for the "resurrection" of Fiat and the purchase of Chrysler, one of the three major US automakers. the return of Fiat to this market, in 2009.

Various international media have pointed out that the former CEO had undergone a shoulder operation but no other details have been disclosed.

  Mike Manley (left) will arrive at Marchionne (right), who will take his retirement due to serious health problems
Mike Manley (left) will succeed Marchionne (right), who is retiring due to serious health problems.

66 years old . He is considered one of the most influential personalities of the global automotive industry.

"It has been a privilege to have Sergio by my side for all these years," said FCA World President John Elkann. "He taught us to think differently and to have the courage to change," he said.

Although Marchionne 's departure was already planned, the emergency situation forced to accelerate the transfer. . "In order to give the company all its authority and operational continuity, the Board granted Mr. Manley all the powers of General Manager with immediate effect," the company detailed.

Marchionne in the business group 14 years ago, and not only was responsible for the merger with Chrysler and that Fiat could overcome the crisis that he was going through, but also relayed Ferrari .

"The succession plans that we have just announced, not without suffering from a personal point of view, allow us to guarantee maximum continuity by preserving our unique business cultures. "he concluded. Elkann.

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