Title

Osgoode mourns the passing of Sergio Marchionne LLB ’83, chairman of CNH Industrial, CEO of Fiat Chrysler Automobiles, chairman & CEO of FCA US LLC, chairman & CEO of Ferrari, and chairman of Maserati. In 2015, he was at the Law School to receive the Hennick Medal for Career Achievement and deliver the Vico Lecture.

Document Type

Article

Publication Date

7-2018

Abstract

Sergio Marchionne, the executive who pulled two ailing carmakers from the brink of collapse and led the improbable transformation of Fiat Chrysler into an automotive giant, died on Wednesday in Zurich. He was 66.

John Elkann, the chairman and chief executive of Exor, the holding company controlled by the Agnelli family, which founded Fiat in 1899, announced the death in a statement.

Mr. Marchionne had been incapacitated about three weeks ago by sudden complications of shoulder surgery, which he had undergone in Zurich. He was reportedly later put on life support. After Fiat Chrysler announced that he would be “unable to return to work,” the company hastily appointed a successor this past weekend.

“Unfortunately, what we feared has come to pass,” Mr. Elkann said on Wednesday. “Sergio Marchionne, man and friend, is gone.”

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