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Mike Manley Chosen As Fiat Chrysler CEO: Report [UPDATED]

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Image: FCA

Whereas the automaker hasn’t made something official, sources inform Automotive Information Europe that Jeep and Ram model boss Mike Manley is Fiat Chrysler’s chosen successor to the ailing Sergio Marchionne.

The report follows this morning’s information that Marchionne has skilled problems from shoulder surgical procedure, and that the boards of FCA, Ferrari, and CNH Industrial have reportedly assembled to exchange him as CEO by finish of day Saturday.

Replace: Fiat Chrysler has confirmed the change by way of a press launch. Mike Manley has been named CEO by the board of administrators, and the board will suggest that he be elected to the board and government director of the corporate at a forthcoming shareholder assembly. The board has granted Manley the full powers of CEO within the interim. — Managing Ed.

Manley, fifty four, took the helm of Jeep in 2009, including Ram to his purview in 2015. He was appointed to the automaker’s Group Government Council in 2011 and joined FCA’s board of administrators in 2014.

Provided that Jeep and Ram are by far FCA’s largest breadwinners, the British-born Manley was seen because the almost certainly candidate to exchange Marchionne. Based on Automotive Information Europe, Manley was appointed CEO at an emergency assembly chaired by FCA chairman and controlling shareholder John Elkann. The assembly happened on the automaker’s Turin headquarters.

Manley rose via the ranks after becoming a member of the corporate as director of community improvement for DaimlerChrysler United Kingdom again in 2000.

We’ll convey you extra information as this story develops.

[Image: Fiat Chrysler Automobiles]

– Mike Manley Chosen As Fiat Chrysler CEO: Report [UPDATED] –

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