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Fiat Chrysler boss Sergio Marchionne has to give up the management of the Italian-American automaker for health reasons. After a shoulder surgery, unexpected complications have occurred, Fiat Chrysler said on Saturday. The 66-year-old can not resume his work.
Even as president and general manager of the Ferrari Ferrari Marchionne could not continue working, he said in a Ferrari version. The communication literally indicates that "unexpected complications" have occurred in the recovery phase after shoulder surgery, which "has continued to worsen over the past few hours," reports Corriere della Sera.
Mike Manley succeeds Marchionne
The head of Fiat Chrysler is now taken over by Mike Manley, who has been a member of the automaker's executive for many years and was previously responsible for the Jeep brand. The new president of Ferrari will be John Elkann, a member of the Agnelli family and president of Fiat. For the CEO of Ferrari, the Supervisory Board has appointed Louis C. Camilleri, who previously held management positions at Philip Morris.
Marchionne originally wanted to remain CEO of Fiat Chrysler until 2019, similar projects for Ferrari not being known. 19659005] Marchionne moved to the top of the Fiat in 2004 during the Great Depression, later taking control of his American competitor Chrysler. At the end of his career in the group, Marchionne had reached his last major goal and announced the end of the debt of the company for the end of June
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