Chrysler CEO Sergio Marchionne Hints At Stepping Down in 2016
Today, at the 2011 Management Briefing Seminars in Traverse City, Michigan, Chrysler CEO Sergio Marchionne hinted that he may step down from his position in the not-too-distant future. The 59-year old executive said Chrysler’s future plans will be “up to the guy after me, I think — after 2015, hopefully. Maybe a year later. Chrysler will be here after me.”
Recently, Marchionne has begun integrating the management teams of both Chrysler and Fiat, but is still leading both companies. Marchionne tried to clarify his stance on the position, “The process has been designed and I’ve always believed that my successor needs to come from the inside… and this enlarged management team where we have 22 people of nine nationalities is designed… to be a proving ground for people to sit and manage.”
Nothing has been confirmed as to when and if he will decide to leave. “I technically can go beyond 2015,” he said. “I wouldn’t focus on the date. I would focus on the process.”
[Source: Automotive News]
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