A health crisis has led Fiat Chrysler and Ferrari CEO Sergio Marchionne to step down
- Fiat Chrysler Automobiles and Ferrari CEO Sergio Marchionne is stepping down amid a health crisis.
- Marchionne had experienced complication following surgery.
- Marchionne took over Chrysler and merged it with Fiat during the US financial crisis, when Chrysler went bankrupt and was bailed out by the US government.
- Marchionne had planned to retire as CEO of FCA in 2019, but continue as head of Ferrari until 2021.
Published July 22, 2018
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