Jul 25, 2018

Fiat ex-boss Marchionne dies at 66

The former chief executive of carmaker Fiat-Chrysler, Sergio Marchionne, has died in hospital in Zurich aged 66. Mr Marchionne was replaced four days ago when his health worsened following complications from surgery on his right shoulder. Mr Marchionne has been succeeded by Briton Mike Manley, head of the Italian-American firm's Jeep division. Mr Marchionne was seen as the driving force behind the carmaker's growth. An accountant and lawyer by training, Mr Marchionne joined Fiat in 2004 after the death of its patriarch Gianni Agnelli.

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