FCA CEO Sergio Marchionne dies

25 Jul 2018 | 822 views | No Comment

Sergio Marchionne, the executive hailed as the man who heroically prevented the death of two ailing companies and transformed them into Fiat Chrysler, an automotive behemoth selling automobiles that have distinct, individual identities apart from their competitors who pulled two ailing carmakers from the brink of collapse and led the improbable transformation of Fiat Chrysler into an automotive,  giant, died on Wednesday in Zurich. He was 66.

Mr. Marchionne was the chairman of CNH Industrial, the chief executive officer of Fiat Chrysler Automobiles, the chairman and CEO of FCA US LLC, the chairman and CEO of Ferrari, and the chairman of Maserati. John Elkann, the chairman and chief executive of Exor, the holding company controlled by the Agnelli family, which founded Fiat in 1899, announced the death in a statement.

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