FCA Announcement

July 21, 2018

, London

With anxiety to a health of Sergio Marchionne, Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) communicates with surpassing grief that during a march of this week astonishing complications arose while Mr. Marchionne was recuperating from medicine and that these have worsened significantly in new hours.

As a consequence, Mr. Marchionne will be incompetent to lapse to work.

The Board of Directors of FCA, assembly today, firstly voiced a alliance to Sergio Marchionne and his family and underlined a unusual contribution, both tellurian and professional, that he has done to a Company in these years.

The Board resolved to accelerate a CEO transition routine that has been move over a past months and named Mike Manley as CEO. The Board will therefore introduce to a subsequent Shareholder Meeting, to be called in a entrance days, that he be inaugurated to a Board and offer as an executive executive of a Company. 

In a meantime, in sequence to yield for his full government and operational smoothness for a company, a Board has with evident outcome postulated Mr. Manley all a powers of CEO. He will also assume shortcoming for a NAFTA region.

Mr. Manley and his government organisation will ensue with a doing of a 2018 – 2022 Business Plan as presented on Jun 1 of this year, a devise that will serve assure FCA’s clever and eccentric future.
About FCA
Fiat Chrysler Automobiles N.V. (“FCA”) is an general automotive group. FCA is listed on a New York Stock Exchange underneath a pitch “FCAU” and on a Mercato Telematico Azionario underneath a pitch “FCA”.

The transaction was executed by FCA’s unconditionally owned subsidiary, FCA US LLC. Headquartered in Auburn Hills, Michigan, FCA US LLC designs, engineers, manufactures and sells vehicles underneath a Chrysler, Jeep, Dodge, Ram and FIAT brands, as good as a SRT opening car designation. The association also distributes Alfa Romeo and Mopar products. FCA US is building on a ancestral foundations of Chrysler, a innovative American automaker initial determined by Walter P. Chrysler in 1925, and Fiat, founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli.