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21-07-2018
Unexpected news shakes the Fiat-Chrysler Group. Number one had complications after the surgery and they have already named who will succeed him at the office
Unexpected statement Saturday afternoon surprised by the news that Sergio Marchionne, number one of the group FCA should be removed from his post by serious complications in his L & # 66; state of health
The 66-year-old manager, who has been working in the company for 14 years, was the architect of a unique style in the automotive world and in the direction of the brand. Recognized by his classic blue sweater, presided over this informal "dress code" while the event staged the brand, and all that he was putting on [propre] in 1945
. that in the European spring it would move away from its position, the timing of the relay should be anticipated after learning that during this week unexpected complications are occurred while he was recovering from surgery,
The agitation and sadness throughout the group were noticeable in the releases issued by the company.
The Board of Directors of FCA met today and expressed its support for Marchionne. and his family. At the same time, he highlighted the extraordinary human and professional contribution he has made to the company in recent years.
In addition, the Board resolved to accelerate the process of transition of the CEO who has taken over the past few months and named Mike Manley, the current responsible for the SUV brand Jeep and for light trucks Ram, as the new CEO .
Also changing the driving of the Italian car manufacturer Ferrari, which will be led by Louis Camilleri.
John Elkann, the grandson and heir to the industrial empire created by Gianni Agnelli, declared that they were to activate the succession plan for the deterioration of the health of the charismatic executive. " It was unthinkable a few hours ago ," he says.
In the same note, he assures, without going into more detail, that Marchionne " will not be able to return to work " and will underline the "extraordinary contribution" that he made to the company. 19659006] Meanwhile, in order to provide all its authority and operational continuity to the business, the Board granted Manley all the powers of CEO with immediate effect. He will also assume responsibility for the NAFTA region.
Manley and his management team will proceed with the implementation of the business plan 2018-2022 as presented on June 1. this year, a plan that will further ensure a strong and independent future for the CFA.
"I am deeply sad to know the state of health of Sergio. This is a situation that was unthinkable until the end of the war. a few hours ago, and that leaves us all with a real sense of unfairness, "said Elkann, grandson of Fiat's founder.
"My first thoughts are with Sergio and his family From the beginning, when we met to discuss the possibility of working for the Group, even more than its unusual abilities of management and intelligence, were his human qualities, his generosity and in that he understood the people .In the last 14 years, we have lived together successes and difficulties, internal crises and external, but also unique and irreplaceable moments, both personal and professional, "said John Elkann, president of the CFA
. Illustrated leader and an incomparable reference point. was someone with whom to share his thoughts and trust, a mentor and foremost a true friend. That taught us to think differently and to have the courage to change, often in ways not cunt ventional, always acting with a sense of responsibility towards companies and their employees. He taught us that the only question that is worth making at the end of each day is whether we could change something for the better, if we could make a difference. "
" I would like to ask everyone ] to understand in these circumstances and to respect the private life of Sergio and his relatives. "
His career
Sergio Marcchionne was part of Fiat Chrysler Automobiles (FCA) 14 years and it is he who manages to get out of the crisis that is going through the group and to revive the Ferrari group.
At 66, he leaves the company early, announcing his departure from the FCA for spring next year.
In 2003, Umberto Agnelli called him to be part of the board of directors of Fiat and became the following year delegate delegate at one time where the company
With his usual blue jersey he succeeded in 14 years to pull Fiat out of the crisis and to make it a "solid company with a bright and brilliant future". ", He assured last June when his industrial plan was announced until 2022 and 45,000 million dollars of investments.
This Italian, although he grew up in Canada, was visionary and architect merger with the American group Chrysler in 2009, who revived the group of the family Agnelli well that now with legal seat in Amsterdam (Holland) and the prosecutor in London.
But the figures of the Marchione era tell it all. The billed move from 47,000 million euros in 2004 to 141,000 million last year. Of the losses of 1,500 million euros in 2004, net profit amounted to 4,400 million in 2007.
Marchionne, considered a tough, had major clashes with the unions of the sector but also with association of entrepreneurs (Confindustria) which emerged in 2011 after several divergences and which at the time was a resounding fact.
He also knew to revive the brands of the American group as Jeep which he considered "the flagship of the company" with the launch in Europe models such as the new Wrangler and the new Cherokee.
In Italy, opted for the Pomigliano factory (south) where the new Panda is manufactured and reinvented new models like the 500L and three new Lancia: Ypsilon, Voyager and Flavia.
With Marchionne, Ferrari is again the jewel of the Agnelli family, they acquire 90 percent of the shares that were owned by banks and investors and a separate company of Fiat listed on the Stock Exchange.
Ferrari's results in the first quarter of 2018 were an increase of 19.4% over the team still has time for to be successful again in Formula 1 but Marchionne leaves today the "cavallino crawling" with the German Sebastian Vettel The pole position at the Formula 1 Grand Prix on Saturday and the third on the grid will be the driver of "the rossa" Kimi Raikkonen ( Ferrari).
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