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Marchionne is dead at 66
Sergio Marchionne, the former chief executive officer of Fiat Chrysler and architect of the automaker’s dramatic turnaround, has died. He was 66. His death was confirmed Wednesday by Exor NV, the holding company of Fiat’s founding Agnelli family, just days after Marchionne was replaced as CEO. His health had declined suddenly following complications from shoulder surgery at a Zurich hospital. No other details surrounding his death were disclosed. 'Sergio Marchionne, man and friend, is gone,” Fiat Chairman John Elkann said in a statement. 'My family and I will be forever grateful for what he has donue,” said Elkann, who also is chairman and CEO of Exor.
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