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Sergio Marchionne, the boss of Fiat Chrysler (FCA) is sick. Michael Manley, boss of the manufacturer Jeep would be designated at the head of FCA.
Sergio Marchionne the emblematic boss of Fiat Chrysler (FCA), Ferrari and CNH Industrial, is ill and the directors of the three groups met in emergency Saturday of his replacement. According to Corriere Della Sera, it is the current boss of the Jeep brand, Michael Manley who would be appointed head of the group.
Contacted by AFP, the Italian-American manufacturer refused to comment.
The boards of directors were scheduled for the afternoon and each of the three groups must decide between finding a interim solution pending the return of Marchionne or arrange his succession in urgency.
Mr. Marchionne, 66 years old, underwent surgery in June, officially on the right shoulder. But, according to Automotive News, its unavailability for health reasons is likely to continue.
The Italian-American manager with the eternal black sweatshirts or polos, who had taken Fiat's command in 2004, had already started preparing his estate, but he planned to take the reins in the course of the year 2019.
In 14 years, he has deeply remodeled the group, first by straightening Fiat, then by combining it in 2014 with the American Chrysler, before proceeding in January 2016 to the separation of Ferrari.
He kept many caps at the same time: managing director of FCA CEO of Ferrari and president of the holding CNH Industrial .
According to the Italian media, Louis Carey Camilleri already a member of the board of directors of Ferrari, should become general manager of Ferrari, while John Elkann grandson of Gianni Agnelli, would take the presidency.
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