Fiat Chrysler CEO Sergio Marchionne Retires

Entertainment (now) 2018-07-23

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MILAN -- Sergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler, two of its most storied brands. Fourteen years after he first took the wheel of Fiat, the gruff 66-year-old was replaced as boss of the Fiat Chrysler Automobiles (FCA) group he built. He had suffered serious complications from shoulder surgery and his health was worsening, the company said.

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