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Former Fiat Chrysler chief Sergio Marchionne dies

Late Sergio
Former Fiat Chrysler (FCA) CEO Sergio Marchionne has died, according to a statement by the carmaker’s controlling family shareholder.
“It is with the deepest sadness that EXOR has learned of the passing of Sergio Marchionne,” FCA Chairman John Elkann, from the Agnelli family, said in a statement.
“Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone. I believe that the best way to honor his memory is to build on the legacy he left us, continuing to develop the human values of responsibility and openness of which he was the most ardent champion.”
Marchionne was replaced as CEO of the carmaker last weekend. The company said at the time that his condition had worsened after he fell gravely ill following complications during surgery in a Zurich hospital.

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