RIP Sergio Marchionne
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,…

VERCELLI, ITALY – JUNE 01: CEO of FCA Sergio Marchionne speaks during the FCA Fiat Chrysler Automobiles Industrial Plan 2019-2022 Press Conference on June 1, 2018 in Vercelli, Italy. (Photo by Pier Marco Tacca/Getty Images)
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.
Marchionne was handed an automaker that lost more than $7 billion in 2003. By 2005, he had returned the company to a profit by wringing some $2 billion.
Check out this 60 Minutes interview where Marchionne talks about the turn around and his relationship with co-workers..




