Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne won't leave the Italo-American group "before 2019," President John Elkann said Wednesday at a shareholders meeting of Agnelli holding company Exor. "Waiting for the approval of the 2018 results means arriving at 2019," he said.
"The process of selecting a successor will take place within (the group), we are working on it. I will not be part of the candidates for the position of CEO". Italo-Canadian Marchionne, 63, Fiat CEO since 2004, is credited with turning the carmaker round and forging a strategic alliance with Chrysler in 2009.
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