Posts Tagged ‘marchionne retirement’

FCA Shuffling Top Execs as Marchionne’s Retirement Looms

Changes in top posts has some wondering who will take CEO's post.

by on Feb.06, 2018

Dodge passenger car boss Tim Kuniskis with the Dodge Demon during a background briefing.

With the choice of a new CEO to replace the soon-to-retire Sergio Marchionne looming ahead for the company, Fiat Chrysler Automobiles N.V. made a series of executive changes aimed at filling key changes.

Tim Kuniskis was named Head of Alfa Romeo and Maserati brands globally. Kuniskis, a 26-year veteran of FCA, most recently served as head of passenger car brands in North America, which includes Chrysler, Dodge, Fiat and SRT.

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Prior to that role, he held a series of positions in U.S. sales business centers as well as in the Dodge and Fiat brands.  (more…)

Fiat – Chrysler’s Marchionne “Done” in 2018

Will leave future turnarounds to the “young punks.”

by on Oct.08, 2014

Sergio Marchionne may have reason to smile as he considers his retirement in 2018.

After helping lead the smallest of Detroit’s automakers out of bankruptcy while also turning around its Italian partner Fiat, CEO Sergio Marchionne says he’s close to “done” and ready to find something a little less challenging to do.

Marchionne’s key goal will be completed this coming weekend with the formal merger of the two companies into the new Fiat Chrysler Automobiles, or FCA, which will have its headquarters in London while being incorporated in the Netherlands.

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That leaves Marchionne the challenge of putting in place the company’s new business plan which will take it through to 2018 when he apparently plans to retire, he said during an interview with the Bloomberg news service.

“I am not going to do any more turnarounds,” he said, adding that, “I’m done. Let some of the young punks do it.”

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