Regarding the health of Mr. Malchonet, Fiat Chrysler Automobile Corporation (FCA) (NYSE: FCAU / MTA: FCA) expressed deep sadness that Mr. Malchonet had unexpected complications during the recovery period after surgery and The condition has deteriorated significantly in the last few hours.
Therefore, Mr. Malchonet could not return to work.
The FCA Board of Directors met today to express condolences to Mr. Malchonet and his family, and to highlight Mr. Malchonet's outstanding contributions to the company over the years, both human and professional.
The board of directors decided to speed up the CEO's work that had been started a few months ago and appointed Mike Manley as the CEO. Therefore, the board of directors will propose to elect him as a board member and act as a company executive at a general meeting held in a few days. Director position.
At the same time, in order to give it full power and ensure the continuous development of the company's business, the board of directors has immediately granted all CEOs of Mr. Mai Mingkai. In addition, he will take over as the head of the company's North American region.
Mr. Mai Mingkai and his management team will continue to implement the 2018-2022 business plan proposed on June 1 this year to further ensure the creation of a strong and autonomous future for FCA.
London, July 21, 2018
Regarding the health of Mr. Sergio Marchionne, Fiat Chrysler Automobile Corporation (FCA) (NYSE: FCAU / MTA: FCA) expressed deep sadness that Mr. Malchonet had an unexpected accident during the recovery period after surgery. Symptoms, and the condition has deteriorated significantly in the last few hours.
Therefore, Mr. Malchonet could not return to work.
The FCA Board of Directors met today to express condolences to Mr. Malchonet and his family, and to highlight Mr. Malchonet's outstanding contributions to the company over the years, both human and professional.
The board of directors decided to speed up the CEO's work that had been started a few months ago and appointed Mike Manley as the CEO. Therefore, the board of directors will propose to elect him as a board member and act as a company executive at a general meeting held in a few days. Director position.
At the same time, in order to give it full power and ensure the continuous development of the company's business, the board of directors has immediately granted all CEOs of Mr. Mai Mingkai. In addition, he will take over as the head of the company's North American region.
Mr. Mai Mingkai and his management team will continue to implement the 2018-2022 business plan proposed on June 1 this year to further ensure the creation of a strong and autonomous future for FCA.
London, July 21, 2018
