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Chrysler's Marchionne To Step Down In 2018
- Automotive News, Wednesday, October 8, 2014 9:37 AM
Sergio Marchionne, Fiat's CEO who oversaw the creation of the merged Fiat Chrysler Automobile company, said that he plans to step down after completing a five-year strategic plan to expand the combined carmakers. "I am not going to do any more turnarounds. I'm done; let some of the young punks do it," said the 62-year-old marketer, who added that what he does now may require more than one person. "The role as presently configured will have to be reconfigured."
