[ad_1]
Turin – An earthquake shakes Fiat Chrysler (FCA). The Italian-American automaker has appointed a new chef on Saturday at a board meeting suddenly summoned instead of acting as managing director Sergio Marchionne since 2004, whose health has deteriorated considerably these last hours
Brite Manley should succeed
As a result of surgery in early July, Marchionne can not return to his professional career, said the board of directors. The successor of the FCA Empire's Jeep brand boss, Mike Manley, has been named. Born in 1964 in Edenbridge, England, Manley is the only senior executive in the firmament of the FCA, not the Fiat Empire, but Chrysler. Since October 2015, he is also responsible for the ram pickup brand. Under Manley's leadership, Jeep sold 1.4 million vehicles in 2017. In 2009, 337,000 had been sold
Manley, with director Alfredo Altavilla and CFA CFO Richard Palmer, was a candidate promising for Marchionne's estate. The FCA was already looking for a successor to Marchionne, 66, with the FCA starting in the spring of 2019 only after the presentation of the Group's results in 2018 and wishing to devote itself entirely to the luxury car manufacturer Ferrari. The health problems have made Marchionne but a line through the bill. The CEO was operated in early July and has since been in a Swiss clinic, according to media reports. However, its condition has considerably deteriorated in the last hours
. FCA subsidiaries Ferrari and CNH Industrial are also changing sides. Louis Carey Camilleri, Swiss director of Maltese descent, is the new CEO of luxury car manufacturer Ferrari. John Elkann, who occupies the same position as the Italian-American carmaker Fiat Chrysler (FCA), will hold the position of chairman of the board, said the FCA. The director, Suzanne Heywood, replaces the chairman of the commercial vehicle manufacturer 's board of directors, CNH Industrial, instead of Marchionnes, told the board of directors of the commercial vehicle builder. Derek Neilson will continue to act as Interim Chief Executive Officer.
Elkann explained that he and Marchionne had lived "full of success and difficulty" for 14 years. "These were unique and irreplaceable moments from a personal and professional point of view.M Marchionne taught us the courage to change, even in an unconventional way.He always acted with a sense of responsibility towards the & # 39; 39, company and its employees, "said Elkann, heir to the entrepreneurial family Agnelli, majority shareholder of FCA
Marchionne since 2004 Fiat
Marchionne took over in 2004 rescued companies.At his leadership, Fiat merged with Chrysler in 2014, making the Turin Group the seventh largest car manufacturer in the world.In early June, Marchionne had presented the new FCA investment plan until 2022. This calls for investments of 45 billion euros. Since then, Marchionne had not appeared in public, which had fueled rumors about his ill health. (APA)
Source link
