New FCA CEO Mike Manley Set to Announce Personal Management Team by End of September
It’s been a little over a month since Michael Manley was named the new CEO of Fiat Chrysler Automobiles. Unfortunately, shortly after he was promoted to the position, the former CEO, Sergio Marchionne, passed away from health complications. That event required the undivided attention of both Manley and FCA as a whole.
Now, Mike Manley is assembling his personal management team. In fact, reports suggest that he could be ready to announce its roster by the end of the month.
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FCA Chairman John Elkann announced that Manley is currently gathering members for his management team during a shareholder meeting. Manley has the full support of Elkann, who said that he was “the only candidate” to succeed Marchionne.
FCA’s executive board appear to have agreed with Elkann’s assessment. 99 percent of votes cast during Manley’s election to the CEO position were in his favor.
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Previously, Manley served as the head of the Jeep and Ram brands. Under his guidance, both brands benefited in terms of domestic growth and sales. Manley also oversaw the Jeep and Ram brand’s expansion into the Asia Pacific region.
In addition to his role as FCA’s new CEO, Manley is also currently serving as the head of Fiat Chrysler’s Europe, Middle East, and North Africa region. This position was left vacant after Alfred Altavilla left the company back in July.
It is likely that Manley will add people he has worked with in the past to his management team. Still, we should have an idea of the team’s roster by the end of the month.
News Source: Automotive News Europe