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Fiat Chrysler Automobiles (FCA) President, John Elkann , wrote a letter to employees of the group announcing, "with deep sadness", the departure of CEO Sergio Marchionne, replaced by Mike Manley due to health problems.
Marchionne, head of the company since 2004 , underwent surgery at the end of June in Zurich, Switzerland, but postoperative complications prevented him from returning to work.
"Ladies and gentlemen, it is undoubtedly the most difficult letter I have ever written. It is with deep sadness that I must inform you that the terms of our recently-operated CEO Sergio Marchionne have worsened in recent hours and will not allow him to return to the FCA, "said Elkann [19659005]. "In the last 14 years, first at Fiat, then at Chrysler and finally at FCA, Sergio was the best CEO that we could have hoped for and," said the group's president, the great-grandfather of Fiat's founder, Giovanni Agnelli
Elkann recalled that Marchionne had taken over the automaker in one of the most difficult times in its history. but managed to pull her out of the crisis and successfully merge with Chrysler, giving birth to the FCA. "It's thanks to her perseverance and leadership that we have managed to save the company. "
letter, the executive still asks for employee support for new CEO Mike Manley, who was responsible for the Jeep brand, FCA's main bet. "I'm sure you will all support Mike optimally by working with him and the team to achieve the goals of the 2018-2022 industrial plan with the same commitment and integrity that guided us right here." ", He declared
. from Fiat Chrysler, Marchionne has left the positions of CEO and President of Ferrari, replaced respectively by Louis Carey Camilleri and John Elkann, and president of CNH Industrial, supported by Suzanne Heywood. Both companies are controlled by the Agnelli family.
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