By on July 21, 2018

Image: FCA

While the automaker hasn’t made anything official, sources tell Automotive News Europe that Jeep and Ram brand boss Mike Manley is Fiat Chrysler’s chosen successor to the ailing Sergio Marchionne.

The report follows this morning’s news that Marchionne has experienced complications from shoulder surgery, and that the boards of FCA, Ferrari, and CNH Industrial have reportedly assembled to replace him as CEO by end of day Saturday.

Update: Fiat Chrysler has confirmed the change via a press release. Mike Manley has been named CEO by the board of directors, and the board will propose that he be elected to the board and executive director of the company at a forthcoming shareholder meeting. The board has granted Manley the full powers of CEO in the interim. — Managing Ed.

Manley, 54, took the helm of Jeep in 2009, adding Ram to his purview in 2015. He was appointed to the automaker’s Group Executive Council in 2011 and joined FCA’s board of directors in 2014.

Given that Jeep and Ram are by far FCA’s largest breadwinners, the British-born Manley was seen as the most likely candidate to replace Marchionne. According to Automotive News Europe, Manley was appointed CEO at an emergency meeting chaired by FCA chairman and controlling shareholder John Elkann. The meeting took place at the automaker’s Turin headquarters.

Manley rose through the ranks after joining the company as director of network development for DaimlerChrysler United Kingdom back in 2000.

We’ll bring you more information as this story develops.

[Image: Fiat Chrysler Automobiles]

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21 Comments on “Mike Manley Chosen As Fiat Chrysler CEO: Report [UPDATED]...”


  • avatar
    Fred

    Managing Jeep and Ram seems pretty easy, as corporate jobs go. Let’s see how he does with Fiat.

  • avatar
    Sub-600

    Okay, now get started on the Barracuda.

    • 0 avatar
      mcs

      I’m sure Plymouth dealers are just dying to get in on the action.

      • 0 avatar
        Peter Gazis

        @mcs

        Could always sell it as a Dodge Barracuda

        • 0 avatar
          mcs

          Unfortunately, it’s an SUV world so it would probably be a performance SUV with the Barracuda name. Maybe a Dodge version of the Trackhawk.

          What would be nice would be a Viper derived from the Alfieri.

        • 0 avatar
          Sub-600

          “Could always sell it as a Dodge Barracuda” That was the idea while it lasted. They still bring it up on allpar now and again, but cars are pretty much out of the question at this point. Dodge may be out of the picture soon too depending on who buys a FCA.

    • 0 avatar
      65corvair

      We’ll be lucky if the Challenger stays around. At most we’ll get a rebadged Fiat as a Challenger.

      • 0 avatar
        Sub-600

        Rumor had it that the Barracuda was going to be on a Alfa platform anyway.

        • 0 avatar
          mcs

          In the 70’s version of the Cuda, the only difference from the Challenger I remember was the headlight count.

          • 0 avatar
            JohnTaurus

            I’d like to see the name used for a Chrysler-branded PLC, on the re-worked LX platform, and the next Challenger to be based on the smaller Giorgio RWD platform to better compete with Mustang and Camaro.

            Split the sales between those who just want a comfortable larger RWD coupe, and those who want more of a true sports car.

          • 0 avatar
            Sub-600

            @ mcs Same car, different brand. They were talking about bringing it back as a Dodge a couple of years ago, but cheaper than the Challenger. Then they said maybe on an Alfa platform. I doubt it’s going anywhere now.

          • 0 avatar
            bking12762

            I recently learned the Barracuda had a 2 inch shorter wheelbase and a 4.7 inch shorter overall length.

          • 0 avatar
            mcs

            @bking: Damn, you’re right! I never knew that.

          • 0 avatar
            Sub-600

            They were both E-bodies so I thought they were the same size, they looked like it. You learn something new every day.

          • 0 avatar
            TMA1

            The other big difference between the Barracuda and the Challenger was the character line running down the length of the body. On the Plymouth, it was straight. On the Challenger, it curved up over the rear wheels (which is the look adopted by the current Challenger).

            So whenever I see a new Challenger done up to look like a Barracuda, I can’t help thinking of all the bodywork it would need to straighten out that line.

  • avatar
    JohnTaurus

    QOTD for next week: what would you do with FCA?

    Or has that been done already? It sounds somewhat familiar, but I can’t remember exactly.

  • avatar

    What will happen with Lancia now? I hope Sergio recovers, but what I am reading does not sound good. I do not think FCA is in good shape either.

  • avatar
    Hamilton Guy

    “the board will propose that he be elected to the board and executive director of the company at a forthcoming shareholder meeting.”

    The CEO on the Board? That’s really bad corporate governance (and I am on 2 Boards of Directors, chair of one). The CEO is the sole employee of the Board of Directors. No way he should be on the Board.

  • avatar
    ect

    Hamilton Guy, it’s typical for the CEO to be on the Board. The big governance debate has been about having the same person be both CEO and Chairman. In Canada, they are most often separate posts held by different people. In US public companies, it seems to me to be almost universal practice that the CEO is also the Chairman – which is very bad governance, but very good for the CEO.

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