Jeep Boss Mike Manley Named Fiat Chrysler CEO
Jeep and Ram brand boss Mike Manley, replaces ailing Marchionne as FCA CEO
The FCA brand that encompasses Fiat, Chrysler, Alfa Romeo, Jeep and Dodge has now confirmed that the long-standing SEO Sergio Marchionne, 66, will be stepping down as CEO due to health complications after a recent surgery.
Due to his ailing health, the Fiat Chrysler Automobiles (FCA) has chosen Mike Manley to spearhead the next phase in FCA history. Mike Manley, 54, is a well-established British business man who took the Jeep brand into new growth opportunities over the past 10 years – and the FCA hopes he can bring the same energy into the entire FCA group.
Marchionne’s departure is a sad time for the FCA family as his leadership in Fiat since 2004 and his miracle work on the
In a statement, the FCA board, “…communicates with profound sorrow that during the course of this week unexpected complications arose while Mr. Marchionne was recovering from surgery and that these have worsened significantly in recent hours.”
The above statement doesn’t allude to the extent of Marchionne’s health issues but they add that, “…as a consequence, Mr. Marchionne will be unable to return to work.”
The statement continued with, “I am profoundly saddened to learn of Sergio’s state of health. It is a situation that was unthinkable until a few hours ago, and one that leaves us all with a real sense of injustice. For so many, Sergio has been an enlightened leader and a matchless point of reference.”
It continued. “For me, he has been someone with whom to share thoughts and in whom to trust, a mentor and above all a true friend. He taught us to think differently and to have the courage to change, often in unconventional ways, always acting with a sense of responsibility for the companies and their people. He taught us that the only question that’s worth asking oneself at the end of every day is whether we have been able to change something for the better, whether we have been able to make a difference.”
What Do We Know About Manley?
Mike Manley has been the leader of Jeep since 2009 and the Ram brand since 2015. He rose through the FCA ranks from the 2000’s and into the Jeep top spot 10-years later. His leadership and guidance has purportedly quadrupled Jeep sales in a global market that is moving away from sedans, making Jeep one of the most valuable vehicle brands globally.
At William Simpson FCA, we look forward to the new energy that will come from the entire FCA brand. Here’s to the future!