Marchionne Health Crisis Thusts Successor Into Spotlight

Marchionne Health Crisis Thusts Successor Into Spotlight

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Business, Social Studies

University

Hard

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Sergio Marchione, the long-time CEO of Fiat Chrysler, is unable to return to work due to health complications, leading to a sudden leadership change. Mike Manley, a company veteran, takes over as CEO. This transition is a significant shock to shareholders, although some anticipated a change as Marchione was due to step down in 2019. Manley, who has been with the company since 2000 and has overseen the Jeep and RAM brands, is seen as a natural successor. He faces challenges such as electrification, self-driving cars, and expanding the Jeep and RAM brands beyond the US.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who took over as CEO of Fiat Chrysler after Sergio Marchione?

John Elkann

Mike Manley

Alfredo Altavilla

Pietro Gorlier

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason for the leadership change at Fiat Chrysler?

New strategic direction

Sergio Marchione's health issues

Shareholder pressure

Company's financial crisis

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long had Sergio Marchione been leading Fiat Chrysler before his departure?

16 years

14 years

12 years

10 years

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What brands was Mike Manley responsible for before becoming CEO?

Alfa Romeo and Maserati

Fiat and Chrysler

Dodge and SRT

Jeep and RAM

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the challenges Mike Manley faces as the new CEO?

Improving employee satisfaction

Electrification and self-driving cars

Expanding into Asian markets

Reducing company debt