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MILAN / PARIS (REUTERS) – Sergio Marchionne was replaced as General Manager of Fiat Chrysler (FCA) on Saturday, July 21, by the director of the Jeep Division of the company, Mike Manley, after the long-term health of the car manufacturer.
Briton Manley, who is also taking over responsibility for the North America region, will implement a Marchionne-defined strategy last month to ensure the company has a "strong and independent future," said FCA in a statement. declaration.
Marchionne, 66, was credited with saving Fiat and Chrysler from bankruptcy after taking the wheel of the Italian automaker in 2004. He was due to leave the combined group next April, but his sudden crisis of Health has forced FCA to accelerate change.
"FCA reports with deep sadness that during this week unexpected complications occurred while Mr. Marchionne was recovering from the surgery and that these worsened significantly in the last few hours The CFA said this month that Marchionne, who held joint Italian and Canadian citizenship and was portrayed by those who worked with him as a workaholic, had undergone shoulder surgery and was recovering, but its situation has deteriorated.
This has also sparked succession plans for Ferrari sports car maker and truck and tractor manufacturer CNH Industrial, which has emerged in recent years. Ferrari, if Marchionne had been both president and CEO, named president of the FCA and John Elkann, new member of the Agnelli family, while Louis Camilleri, membr e of the board of directors, becomes director general of the FCA. Marchionne had previously stated that he planned to remain president and CEO of Ferrari until 2021.
CNH Industrial, which Marchionne also chairs, named Suzanna Heywood, to replace her.
On Friday, the FCA denied a report from the Italian site Lettera43 that Elkann had summoned leaders to a meeting on Saturday to reassign Marchionne's responsibilities
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