Sergio Marchionne: see the impact of the death of the ‘boss’ of Fiat Chrysler and Ferrari |  video

Sergio Marchionne: see the impact of the death of the ‘boss’ of Fiat Chrysler and Ferrari | video


The world of Formula 1 and the motor industry is in mourning this Wednesday (25) and the death of Sergio Marchionne, who has led Ferrari and the Fiat Chrysler Group (FCA) in recent years. He died after complications from shoulder surgery in Switzerland.

Only today, the FCA group had planned the announcement of the financial results of the second quarter, in Turin, Italy, where the flag of the company flew at half mast.

Opening the meeting was FCA’s new chief executive, Mike Manley, who quickly took over in recent days as Marchionne’s health deteriorated.

“We have no doubt that Sergio was a very special person and that he will be greatly missed,” Manley said after a minute’s silence.

Chief Financial Officer Robert Palmer, who worked with him for 12 years, added: “I know his style was practical, so I would like to continue the presentation. The second quarter was below our expectations…”

See what other actors and individuals had to say about Marchionne:

Mary Barra, president of GM

President of General Motors (GM) Mary Barra, who canceled the alliance with Fiat Chrysler proposed by Marchionne in 2015, sent a press release:

“Sergio has created an impressive legacy in the automotive industry. Our thoughts are also with his colleagues at Fiat Chrysler who are dealing with this sudden loss,” said Barra.

Sergio Marchionne, the former President of Fiat Chrysler, has died

Bill Ford, Chairman of the Ford Board

Ford Chairman Bill Ford said Marchionne was one of the industry’s most respected leaders, who helped transform Fiat Chrysler into the world’s most profitable automaker with his creativity and ambition.

“His incredible leadership, loyalty and passion for the industry will be missed by all who knew him.”

Tim Cook, President of Apple

Marchionne was also interested outside the four-wheeled circuit, as the Apple president’s message shows. “Saddened to hear of the untimely death of Sergio Marchionne, a visionary and extraordinary leader in the automotive industry.”

Italy’s most influential trade union in the industry thanked Marchionne, but also pointed to the results of his practices to revive Fiat.

“Sergio Marchionne has an undoubted reputation for saving a dying company. A tough negotiator, a good organizer, he didn’t know how to negotiate and cooperate with an important part of the Italian workforce.”

Felipe Massa, Formula 1 driver

Brazilian Felipe Massa, who was a Ferrari driver for 8 seasons, posted a nice photo with Marchionne.

Jean Todt, President of the FIA

The president of the International Automobile Federation (FIA) paid tribute to Marchionne. “Sergio has achieved a lot for the automotive industry and for speed racing around the world.”