Sergio Marchionne, the Italian-Canadian manager who has transformed FIAT into the international FCA giant

ItalyUSA Magazine Editor in Chief Carmelo Cutuli with FCA's CEO Sergio Marchionne, the photo was shot in October 2008 in Chicago The inf...

ItalyUSA Magazine Editor in Chief Carmelo Cutuli with FCA's CEO Sergio Marchionne, the photo was shot in October 2008 in Chicago
The informal manager who used to wear the dark sweater, became the symbol of an era as it was the clock above the wristband of Gianni Agnelli.

Global manager and "enlightened leader", said Fca president John Elkann, Sergio Marchionne is the man who changed Fiat bringing it into the future. A decisional manager, with a passion for Ferrari machines, purchased from his own pocket, and lyrical music, Marchionne in the 14 years in which he led the group tripled its revenues.

Despite the spotlight on his public life, the Italian-Canadian manager has managed to keep his private life strictly confidential, also thanks to the choice to keep his residence in Switzerland, where his family also lives.

Born in Chieti, Marchionne is the son of a Carabinieri marshal and a young Istrian girl. After his adolescence in Abruzzo, he followed his family to Ontario, where a maternal aunt had already settled. In Canada Marchionne earned a Bachelor of Philosophy degree from the University of Toronto, followed by a Bachelor of Law degree from Osgoode Hall Law School of York University and then a Master of Business Administration from the University of Windsor. After working as a legal attorney, Marchionne joined Deloitte Touche in 1983 as a chartered accountant and tax expert, the first step in a career that in 2000 led him to Switzerland as CEO of the Lonza Group, active in the field of products for the pharmaceutical and healthcare industries. After entering the Lingotto board of directors in 2003 by designation of Umberto Agnelli, after the latter's death, Marchionne was appointed CEO of the group on 1 June 2004. At his side the president Luca Cordero di Montezemolo and the vice-president John Elkann, at the time just twenty-eight years old.

In 2009 Marchionne performed his managerial miracle: in an America bent by the financial crisis, Fiat obtained from the Obama Administration 20% of Chrysler, one of the 'Big Three' of US motoring, which, after the failure of its alliance with Daimler, had practically failed. To convince Washington, in addition to the personality of Marchionne, the experience and guarantees offered by Fiat on new formulas of 'green' mobility. This was the first step in a process that will lead the people of Turin to 100% control of Chrysler in 2014.

It was the birth of Fiat Chrysler Automobiles and some major operations such as the relaunch of Jeep, which has become the jewel in the crown of Fca, passing through the rebirth of Maserati and the bet on a 'premium' Alfa Romeo.
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Italy USA Magazine: Sergio Marchionne, the Italian-Canadian manager who has transformed FIAT into the international FCA giant
Sergio Marchionne, the Italian-Canadian manager who has transformed FIAT into the international FCA giant
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