Good news for Jeep! Mike Manley, who has been President and Chief Executive Office of Jeep since 2009 and Ram since 2015, has just been named as FCA CEO. He'll replace Sergio Marchionne who was set to step down as CEO next year but has been dealing with health issues after recent surgery. This news should only bode well for the Jeep brand and the Wrangler.
Automotive News Europe
July 21, 2018 17:45 CET
TURIN -- Fiat Chrysler Automobiles on Saturday appointed Mike Manley to replace the seriously ill Sergio Marchionne as its CEO, a person with direct knowledge of the situation told Automotive News Europe.
Manley, 54, a native of England, has headed Jeep since 2009 and the Ram brand since 2015.
An emergency meeting of the FCA board of directors to appoint a replacement was chaired in Turin by John Elkann, the FCA chairman and controlling shareholder of Ferrari, FCA and construction equipment maker CNH Industrial, the source said.
Marchionne, 66, had surgery on his right shoulder and needs a short period of convalescence, an FCA spokesman told Italian business website Lettera 43 on July 5. He has not been seen in public since June 26, when he delivered a Jeep Wrangler to the Carabinieri police in Rome.