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Fiat Chrysler Automobiles CEO Sergio Marchionne is likely to miss his group's quarterly report of July 25 to report the results for the second quarter. According to rumors circulated in Italy, the CEO has not yet recovered from the operation undergone on the right shoulder at the beginning of the month. So Marchionne will probably miss the quarterly conference call. The current general manager of Fiat Chrysler was operated in Switzerland and is currently undergoing a short recovery period.
Sergio Marchionne could pbad the quarterly report of July 25 because of the right shoulder surgery of the beginning of the month
The report did not provide details of the intervention. Sergio Marchionne 66 years old, has not for the moment wanted to make statements to confirm or quash these rumors. The executive reached his final year as CEO of the company after joining a troubled Fiat in June 2004. His successor has not yet been publicly named, although Marchionne has repeatedly insisted it will be one of the managers already present in his group for quite some time.
His quarterly teleconferences are largely followed by interesting answers to questions from badysts all over the world and his habit of making revelations about future FCA plans. Marchionne's last public appearance took place in Rome on June 26, when he delivered or a Jeep Wrangler to the Arma dei Carabinieri . For now, the FCA has neither confirmed nor denied rumors about the absence of Sergio Marchionne on July 25th. However, the company has denied an early bye of the CEO, reiterating that Marchionne will remain at the helm of the company until April 2019.
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