Sergio Marchionne dies at age 66
Sergio Marchionne, former boss of Fiat-Chrysler and Ferrari, has died at the age of 66 in a hospital in Zürich, Switzerland. “Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone”, Johan Elkann, chairman of FCA and the Agnelli family holding, said in an official statement.
“My family and I will be forever grateful for what he has done. Our thoughts are with Manuela, and his sons Alessio and Tyler. I would ask everyone again to respect the privacy of Sergio’s family”, Elkann, grandson of Gianni Agnelli, concluded. No cause of death or time of his passing away was given.
‘Surgery at shoulder’
Marchionne was hospitalized end of June in a Swiss hospital officially for surgery at this shoulder, but last weekend news broke that his health condition was detoriating beyond hope due to ‘complications’. Italian media claim to know Marchionne, who was a known chain smoker, was suffering of cancer.
Marchionne, charismatic number one at Fiat-Chrysler (FCA) and Ferrari, among others, had to be replaced suddenly last weekend by four people: Mike Manley (FCA), Louis Carey Camilleri (Ferrari), Suzanne Wood (CNH Industrial) and Peter Kalantizis as interim president at Swiss SCS Group.