Sergio Marchionne († 66) is dead



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Sergio Marchionne († 66), until Saturday longtime president of Fiat and Ferrari, died at the University Hospital Zurich. This is reported by the Italian newspaper La Repubblica. "Unfortunately, that's what we feared.Serio, the man and the friend, left us," confirms John Elkann, 42, grandson of Agnelli and new president of Fiat.

"He was a model for all, we should internalize these values ​​of humanity and sense of responsibility, as well as this spiritual opening, which he has always represented with great conviction," said Elkann

Marchionne's death is very painful Former Italian Prime Minister Paolo Gentiloni thanks Marchionne:

The circumstances surrounding the death of Italo-Canadians of 66 years are not yet officially The newspaper "La Stampa" reported, however, that the surgery on the right shoulder – probably because of a malignant tumor – at the University Hospital Zurich was successful in the end of June, Marchionne reportedly suffered a cardiac arrest and later a heart attack on which he died. According to sources at the University Hospital, the tumor was not the cause of his death.

Before the intervention three weeks ago, Marchionne was still waiting for a speedy recovery. But last Saturday, the Italian-American car manufacturer Fiat Chrysler said that Marchionne must resign because of serious health problems immediately.

From 2004 to Fiat

Quickly, his positions were reassigned to Fiat Chrysler the same day. The president of Ferrari was John Elkann (42 years old), grandson of Agnelli and president of Fiat. The head of Fiat Chrysler took over the British Mike Manley, who was previously responsible for the Jeep brand.

Marchionne de Chieti (I) in Abruzzo and emigrated to Canada as a teenager in 2004 joined Fiat. The company was about to go bankrupt. Since 2014 he was Mister Fiat Chrysler.

Marchionne was seen as a visionary, but also as a difficult bargaining partner for the unions and in Formula 1. With pithy slogans, he made a name for himself around the world. His death is considered by many people in Italy as the end of an era.

Still in a dark sweater

Marchionne's stamp was his "uniform" of dark sweater and dark pants. He would have had about 30 identical sweaters and jeans in each of his houses. He rarely wore a tie. More recently, in June, the CEO celebrated that his company was finally debt free.

In the service of the automotive industry, Marchionne also had a preference for fast cars. The top manager was known as tireless. He prefers to sleep in the private jet or in the car en route. He likes to organize meetings for the weekend. If something did not go as planned, he expressed his anger.

Marchionne made his last public appearance in Italy on June 26th.

Long "Swiss" Years

Marchionne has combined a lot with Switzerland. His official residence was in Schindellegi SZ, but he lived with his family at Blonay VD. As "Switzerland", it is also on the "balance sheet" list – 2017 with 550 million francs in 181st place.

Until Sunday, he was chairman of the board of directors of SGS, a Geneva-based product inspection company. As Chief Executive Officer, the lawyer and the auditor have gained a reputation as a reorganizer and have worked for the company for 15 years. The Agnelli family, the main shareholder, was impressed by his performance and called the manager in Turin (I).

His first grand prize brought Italo-Canadians to Switzerland before. From 1997, he was CEO at Alusuisse. After Alusuisse's sale to Canadian Alcan, he became the first CEO and later the chairman of the Lonza split. The agreement enriched Christoph Blocher (77) and Martin Ebner (72). They would have collected a billion francs (Blick reports).

Until 2010, Marchionne also sat on the UBS Board of Directors. (jfr / noo)


Posted on 25.07.2018 | Last update 1 minute ago

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