The Effects of Getting A DUI in California
Change of leadership at Fiat Chrysler: For health reasons, Sergio Marchionne finishes his career. The chief post at the auto company is taken over by Jeep boss Mike Manley.

Fiat Chrysler: Marchionne announces chief Post

Change of leadership at Fiat Chrysler: For health reasons, Sergio Marchionne finishes his career. The chief post at the auto company is taken over by Jeep boss Mike Manley.

Fiat Chrysler: Marchionne announces chief Post

Sergio Marchionne gives leadership of American car company Fiat Chrysler for health reasons. After a shoulder operation, re had been unexpected complications, Fiat Chrysler shared. The 66-year-old could not resume his work. Marchionne must also give up his posts as president and chief executive officer of company's subsidiary Ferrari.

Chairman of supervisory board John Elkann said he was deeply saddened by Marchionnes disease. "This situation was unthinkable until a few hours ago." The first thoughts are now with Marchionne and his family, he said.

The leadership of Fiat Chrysler takes over Mike Manley, former head of Jeep brand and a long-time manager of group. New president of Ferrari will be John Elkann, member of family Agnelli and Fiat president. The chief executive of Ferrari was Louis C. Camilleri, who had previously held managerial positions with international tobacco company Philip Morris.

The 66-year-old Marchionne had already announced to resign in coming year. He had come to Fiat in 2004 when company was in a crisis. Under Marchionne, Fiat merged with bankrupt Chrysler Group, but failed with attempt to take over Opel. Later, Marchionne brought Ferrari to stock exchange.

Marchionne recently announced that his company will be debt-free at end of June of this year. From June 26th, he was no longer in public.

Publish Date : 22 Temmuz 2018 Pazar 12:02

Breaking News Headlines

Planning a Big Family Holiday: 5 Top Tips
Planning a Big Family Holiday: 5 Top Tips
MESSI BRINGS TEAMMATES TO TEARS WITH HIS SPEECH
MESSI BRINGS TEAMMATES TO TEARS WITH HIS SPEECH
How keeping cool before events can boost athletic performance
How keeping cool before events can boost athletic performance
Storage Problems? Think Divan!
Storage Problems? Think Divan!
10 Years on, Have We Increased Our Trust in Our Banks?
10 Years on, Have We Increased Our Trust in Our Banks?
The Rise of Esports Betting at Online Casinos
The Rise of Esports Betting at Online Casinos
Illinois Supreme Court Upholds Chicago’s Warrantless GPS Tracking on Food Trucks
Illinois Supreme Court Upholds Chicago’s Warrantless GPS Tracking on Food Trucks
Youtube Fight Rivals Turn Professional for Rematch in Los Angeles
Youtube Fight Rivals Turn Professional for Rematch in Los Angeles
Two or more glasses of soda a day increases the risk of any type of death
Two or more glasses of soda a day increases the risk of any type of death
Archaeologists found in the Atlantis Russian a contraption similar to a iphone some 2,100 years
Archaeologists found in the Atlantis Russian a contraption similar to a iphone some 2,100 years
The doors open to get to know the 4 puppies in the Center of the wolf de Sanabria
The doors open to get to know the 4 puppies in the Center of the wolf de Sanabria
The King will receive this Thursday to the president of the Congress in the Palace of the Zarzuela
The King will receive this Thursday to the president of the Congress in the Palace of the Zarzuela
POLLS Results ALL
Who is the most powerful actor in Syria

Front Pages
  • The Sun
NEWS ARCHIVES