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Fiat Chrysler's visionary leader, the Italian Sergio Marchionne, died. A few days ago, he was replaced because of serious illness.
Marchionne is 66 years old. He received credit for rescuing Fiat from bankruptcy and getting the merger with American Chrysler. No later than Saturday, his departure was announced after he had run the company for 14 years.
– What we feared has unfortunately happened. Sergio Marchionne, man and friend, is gone, says President John Elkann of Fiat Chrysler
Marchionne was named as a very popular leader who was not afraid to think big and who was also looking According to Elkann, Marchionne has built his leadership on human values as a responsibility and openness, where he was "a passionate champion".
Marchionne was also the head of Ferrari and president of the CNH Industrial tractor and truck manufacturer. The intention was that he should leave next year, but a few days ago he was replaced by the British Mike Manley.
The company stated that serious complications had occurred after a shoulder operation. In Wednesday's statement, it is not said exactly when Marchionne died, nor cause of death, but several Italian media reported that he was hospitalized in Zurich and was suffering from cancer incurable.
(© NTB)
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