By on December 18, 2020

Mike Manley FCA CEO to Head Americas

 

Mike Manley will head Americas operations for Stellantis, as FCA chairman John Elkann said in a letter to employees today.

In it, Elkann reiterated that Carlos Tavares, currently chairman of French automaker Groupe PSA, will become CEO of Stellantis, the French and Italian-American automaker product of a marriage that is expected to be consummated sometime in the first quarter of 2021. This amalgamation will create the fourth-largest car company by volume, a merger Manley had sought with another French automaker, Renault before an agreement was reached with PSA a year ago.

Mike Manley FCA CEO to Head Americas

PSA gets to name six Stellantis board members, while FCA will elect five. Of the eleven, Tavares and Elkann will occupy two seats, while Manley is left out. Prior to Elkann’s announcement, Manley had said he would remain with the company in an unspecified senior executive role.

Mike Manley FCA CEO to Head Americas

Manley took over as FCA CEO in July 2018, days before the untimely passing of then-CEO Sergio Marchionne. As Jeep brand head, Ram brand head, and COO of the Asia Pacific region, Manley previously served as executive vice president for international sales and global product planning operations. A Brit, Manley in 2000 teamed up with what was then DaimlerChrysler as UK director of network development.

 

In the letter, Elkann said, “Mike took the helm of our company under the most difficult of circumstances, leading by example. The following year, 2019, can hardly be described as uneventful, but even so we concluded it by sealing our merger with Groupe PSA and with another set of strong results. 2020, a year none of us could have imagined, required us to reinvent the way we work, and once again Mike has led from the front.”

Mike Manley FCA CEO to Head Americas

“Perhaps it should be no surprise that having led the profound transformation and exceptional development of the Jeep and Ram brands before becoming CEO, Mike has taken the rough terrain of the past couple of years in stride. And so, you will understand why that once our merger completes, Mike will be asked to take up the role of Head of Americas, working alongside Carlos and continuing to bring his great experience, energy and drive to making Stellantis the extraordinary company we know it will be,” said Elkann.

While it is unclear exactly what he will be doing as Head of Americas, the letter ended with notice of a Town Hall later today, where Manley is expected to speak.

[Images: FCA]

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18 Comments on “Mike Manley FCA CEO to Head Americas for Stellantis...”


  • avatar
    28-Cars-Later

    I thought Elkann wanted to sell out and just be rich, why is he involved??

    • 0 avatar

      You can ask Bill Gates the same question. More money is never enough. Same with gravity – more mass attract even more mass. Even when black hole is formed it is even more hungry. Eventually the Universe will consist in few huge black holes which will eventually evaporate and the notion of mass and scale will disappear – conformal Universe. Stellantis.

    • 0 avatar
      Lorenzo

      It’s not just about Elkann. He’s head of the Agnelli family’s holding company, Exor. As the Agnelli empire of making things has been sold off, Exor holds a piece of each spin-off for the family as stockholders rather than managers/owners.

      Fiat was the linchpin of the empire, but it’s a high-cost, low-return industry, and it’s tied to the home country, Italy. The family members are now living all over Europe and the US (Elkann was born in NYC), but they want to stay in dutch with the home country.

      They’ve been slowly edging out of Italy, with Fiat merging with Chrysler to incorporate in Netherlands, with main offices in London. Now with the merger with PSA, the family is no longer anything more than a stockholder, with PSA’s Carlos Tavares in charge, but Elkann occupies one director’s seat of 11 to keep an eye on the family investment.

      With the liquidation of Giovanni Agnelli’s industrial empire, the family is now idle rich through Exor’s multi-billion dollar investment portfolio, run by Elkann.

  • avatar
    conundrum

    Huh. I thought Reid Bigland did those things with RAM they’re now giving Manley credit for. But when you sue your own company for falsifying sales reports for years, well, all of a sudden they forget who you are. After all, Marchionne was a saint for Elkann and the Agnellis and never did a thing wrong.

  • avatar
    ToolGuy

    Get your jabs in now, because this team is not going to make many moves which can be classified as outright stupid.

    • 0 avatar
      Lorenzo

      Very true. Carlos Tavares is a sharp cookie, and knows what he’s doing. You can scoff at the name Stellantis now, but it will be making a mark on the global auto industry.

      By adding Fiat, Lancia, and Maserati to Peugeot and Opel, it’s now a power in Europe, and a major player in Brazil, and with Jeep/Ram in North America.

      Tavares had already targeted the former French colonies in North Africa for expansion of Peugeot/Opel and now has Ram and Jeep to sell there.

  • avatar

    Man, Manly is a manly man, the great patriotic American. He will do wonderful things for Chrysler and Dodge.

    • 0 avatar
      Dartdude

      Manly is British not American born. He already shown he doesn’t want to do anything for Chrysler, Dodge brands. He’ll just keep on helping Jeep and Ram.
      We need a Chrysler man to lead in N. America. Dodge could be the all around brand competing with Chevrolet and Ford. Chrysler could be a premium brand again. Jeep brand should only offer SUVs with trail rated models that are true 4WD and rear drive biased. Dodge could offer CUVs FWD based and Chrysler could be AWD models.

  • avatar
    RHD

    But will he bring back Plymouth? Can he resuscitate the Mitsubishi captive import program? Will there be a new version of the D-50?

    I’m being facetious, of course. Once we go all-electric, I’m hoping the classic AMC, Nash, Hudson, Rambler and Chrysler Corporation vehicles will have updated versions as body shells on electric platforms. Imagine a 2025 version of the Marlin, AMX, original Jeep Cherokee, Hudson 8 Convertible, or even a Hudson Hornet.
    I wonder if the auto designers realize that the sky is the limit, or if they are just going to make electric pedestrian-smashing SUVs.

    • 0 avatar

      IF GM brought back Hummer why Manly cannot bring back Plymouth? He can name it (AWD truck) Ram Plymouth. He will make Chrysler great. Again?

    • 0 avatar
      Lorenzo

      Answers: Plymouth is dead. Mitsubishi is part of the Renault group. There won’t be enough electrical generation to go all electric – Saint Elon said so.

      Nash, Hudson, and Rambler are dead names, and Chrysler probably will be soon, maybe even Dodge. A lot of Jeep models will go as well.

      Once Stellantis is established, Tavares will ruthlessly drop nameplates to a small handful of global offerings, with only Jeep and full size Ram trucks kept for the Americn market.

      • 0 avatar

        What was the point to acquire FCA if they let everything to away?

        • 0 avatar
          el scotto

          @ Inside Looking Out. I keep a can of bacon drippings (grease) in refrigerator. The bacon grease is used for seasoning. Jeep and Ram trucks were Chrysler’s bacon grease. Their minvans used to be bacon grease but tastes changed. Challenger and Charger are some mighty fine pork chops but will probably be dropped from the revamped menu. The 300 may live on if it’s platform can be used for other large cars. A Maserati with a hemi? Yes please. Stellantis will move from using bacon grease on excellent but North American cast iron skillet to using bacon grease in a world raning All-Clad skillet.

        • 0 avatar
          Scoutdude

          When Kaiser bought Willys it didn’t take them long before they canceled the the Willys Aero.

          When AMC bought Kaiser-Jeep the Kaiser car line had already been discontinued.

          When Renault bought AMC they did it for Jeep and to have an outlet for their own cars in the US.

          When Chrysler Bought AMC from Renault it was for Jeep and it didn’t take long until all the AMCs were gone.

          When Daimler bought Chrysler it didn’t take long until they put the Chrysler and Dodge Brands up for sale. It was only out of desperation that they finally relented and sold it as a package deal.

  • avatar
    Jeff S

    How about an EV Fury SUV?

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