Marchionne passes away. Mike Manley, head of Jeep, named FCA CEO

ModdedJK

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Damn he's in an irreversible coma :(

http://www.autonews.com/article/201...hionne-embolism-cancer-surgery-italian-report

Former Fiat Chrysler Automobiles CEO Sergio Marchionne suffered an embolism while undergoing an operation for an invasive shoulder sarcoma and has irreversible damage to his brain function, and he had failed to tell Exor Chairman John Elkann of the seriousness of his illness, an Italian business website reported Tuesday.

Lettera43, in an exclusive report Tuesday citing anonymous sources, said Marchionne, 66, had been diagnosed "long ago" with the invasive shoulder sarcoma — a malignant form of cancer that can develop in the body's soft tissue — and "expressed some doubts" about the effectiveness of the high-risk operation he underwent at the University of Zurich in late June.

Sources told Lettera43, which has led coverage of Marchionne's illness, that during the operation, Marchionne was struck by a cerebral embolism, plunging him into a coma. It also claims that Marchionne is now being kept alive only by machines, and that doctors said there was no hope of recovery.

According to the American Heart Association, an embolism occurs when a blood clot or piece of fatty plaque breaks loose and travels through the bloodstream and becomes lodged in a blood vessel and blocks blood flow.

When an embolism blocks the flow of blood to the brain, it is called a cerebral embolism, a type of stroke.

Lettera43 says Marchionne suffered for some time from "severe shoulder pain that made arm movements difficult," according to a translation, and that he took cortisone to soothe them. It says that Marchionne also suffered from a chronic thyroid condition for which he had been taking medications for an extended period, which other sources have told Automotive News.

A spokeswoman for FCA US did not respond to a request for comment on the report.





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jaldeborgh

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I’m really bummed about this sad story. I’ve always admired people who take on impossible tasks and succeed. Fiat and Chrysler were both in tough shape when he took over, and remember, he wasn’t a “car guy”, but somehow through force of will and by identifying, selecting and trusting good people pulled off a remarkable turnaround. To me, the tragedy is he doesn’t get to enjoy the fruits of his labor as he was reportedly a workaholic, I just hope he appreciated what he accomplished. You have to wonder how many hundreds of thousands of jobs he saved, not to mention interesting products he helped bring to market. An impressive legacy by any measure.
 

Ahmed

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I’m really bummed about this sad story. I’ve always admired people who take on impossible tasks and succeed. Fiat and Chrysler were both in tough shape when he took over, and remember, he wasn’t a “car guy”, but somehow through force of will and by identifying, selecting and trusting good people pulled off a remarkable turnaround. To me, the tragedy is he doesn’t get to enjoy the fruits of his labor as he was reportedly a workaholic, I just hope he appreciated what he accomplished. You have to wonder how many hundreds of thousands of jobs he saved, not to mention interesting products he helped bring to market. An impressive legacy by any measure.
These are the words that were inside me and I could not get them out because of the language, thank you
 

jeremyjeep

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Trivia / Useless Fact: Take the first letter of each of the words in the sentence "I Am Chairman Of Chrysler Corporation of America" and it spells Lee Iacocca's last name.

(I)
(A)m
(C)hairman
(O)f
(C)hrysler
(C)orporation of
(A)merica
 

jaldeborgh

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These are the words that were inside me and I could not get them out because of the language, thank you
Kind words, thank you.
 

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RIP Sergio.
 

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Complications from shoulder surgery. Sometimes life just isn't fair. St Peter should have a nice red Ferrari waiting for him.
 

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The way the statements that had been put out by others at FCA sounded, that was already a foregone conclusion. It sounded to me like he was probably being kept on life support just so the family could be brought there or for some other personal / business reason that required him to still be technically "alive" even though he was quite thoroughly brain dead at that point. I've seen that sort of thing happen with all too many friends or relatives over the years. Of course, the older we get the more funerals of friends and relatives we find ourselves having to go to. :(
 

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Rough news to hear.

And did they really need to talk about stock market prices at the very end?
 

NavyVet1959

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Rough news to hear.

And did they really need to talk about stock market prices at the very end?
It's the business section of their web site, so stock prices are appropriate...
 

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