Sergio Marchionne, who spared Fiat and Chrysler, has passed on at 66 sergio Marchionne, an alluring and requesting CEO who built two long-shot corporate turnarounds to spare both Fiat and Chrysler from close to certain disappointment, kicked the bucket Wednesday. He was 66. The holding organization of Italian automaker Fiat's authors, the Agnelli family, declared Marchionne had kicked the bucket after difficulties from medical procedure in Zurich. At Fiat Chrysler Automobiles home office in the Italian town of Turin, banners flew at half-pole, while in Rome the parliamentary board of trustees for work and fund watched a moment of quietness. "Tragically what we dreaded has happened," Fiat beneficiary John Elkann said. "Sergio Marchionne, man and companion, is no more." Marchionne incorporated the useless organizations with the world's seventh-biggest automaker, Fiat Chrysler Automobiles, nearly by individual power of will, living on a corporate st...
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