Sergio Marchionne
Sergio Marchionne, Fiat SpA’s top dog, will step down in 2018, Bloomberg business news reports.
The CEO, who is the architect of the Chrysler-Fiat merger, said he'll step down following completion of a five-year strategic plan to grow the merged companies, Bloomberg repored.
“I’ll undoubtedly do something else” after the end of 2018, Marchionne, 62, said last week in an interview with Bloomberg Businessweek at the Balocco test track in northern Italy. “I am not going to do any more turnarounds. I’m done; let some of the young punks do it.”
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