Marchionne will step down as FCA CEO in 2018 - Chrysler 100 Forum
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post #1 of 11 Old 10-08-2014, 10:31 AM Thread Starter
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Marchionne will step down as FCA CEO in 2018



Sergio Marchionne has announced that he will step down as the CEO of FCA in 2018. That perfectly lines up with the end of his big 5 year plan. He said:

Quote:
I am not going to do any more turnarounds. Im done; let some of the young punks do it. There are a number of things that the next CEO will do which are totally different from what I do.
Marchionne has seen success as the head of Fiat and now FCA. He oversaw the Chrysler-Fiat merger, and he is now concentrating on increasing revenue to 5 billion euros in 2018. The five year plan includes focusing on Jeep and revitalizing Alfa Romeo in North America.
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post #2 of 11 Old 10-08-2014, 06:16 PM
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Interesting. I wonder who will be taking over and how they could change things.
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post #3 of 11 Old 10-09-2014, 03:40 PM Thread Starter
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I saw a list of some potential replacements. One of the ones that stood out to me was the head of Jeep, Michael Manley.

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post #4 of 11 Old 10-09-2014, 04:05 PM
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What are those things that the next CEO will have to do?
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post #5 of 11 Old 10-09-2014, 04:36 PM
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good get the man out, he's so unbelievably arrogant it boggles my mind. Essentially what he's saying is there is no one else on the face of this earth who could possibly do my job...
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post #6 of 11 Old 10-10-2014, 05:01 PM Thread Starter
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Well Marchionne will be leaving just as his 5 year plan ends. I guess the next CEO will make his own 5 year plan. I think that Marchionne has a pretty distinct management style, so things will probably change quite a bit when the next guy takes over.
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post #7 of 11 Old 10-10-2014, 07:28 PM
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Quote:
Originally Posted by Villanova View Post
good get the man out, he's so unbelievably arrogant it boggles my mind. Essentially what he's saying is there is no one else on the face of this earth who could possibly do my job...
It will be funny the day when some new CEO finally joins and does a far better job and gets noticed for it and even compare what he did to Marchionne.
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post #8 of 11 Old 10-11-2014, 11:08 PM
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MArchionne wont be out becasue the 5 year plan will never end... its a new one every 2 years...
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post #9 of 11 Old 03-11-2015, 11:12 AM
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Originally Posted by Villanova View Post
MArchionne wont be out becasue the 5 year plan will never end... its a new one every 2 years...
true
got to love how things work out in the end
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post #10 of 11 Old 01-07-2016, 10:53 AM
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Been reading about how well Jeep is doing, which makes that brands CEO the CEO of FCA even more of a sound idea, working some of that magic on Chrysler and Dodge should give them the boost they need.
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