Thomson Reuters
- Former FCA and Ferrari CEO Sergio Marchionne has died at age 66.
- He had reportedly been in a coma in intensive care at a hospital in Zurich after complications from surgery.
- The boards of FCA and Ferrari named his replacements following emergency meetings over the weekend.
- Marchionne was an auto industry legend, leading a turnaround at Fiat and taking Chrysler from bankruptcy to renewed prosperity.
Sergio Marchionne, the outspoken former CEO of both Fiat Chrysler Automobiles (FCA) and Ferrari, has died at age 66.
FCA Chairman John Elkann said in a statement, as cited by Reuters: "Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone."
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- Fiat Chrysler CEO Marchionne is reportedly in intensive care in a Swiss hospital
- A health crisis has led Fiat Chrysler and Ferrari CEO Sergio Marchionne to step down
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