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Fiat face monumental task to replace Marchionne
Fiat Chrysler Automobiles NV is widening the search for a successor to Chief Executive Officer Sergio Marchionne, now a group of second-tier managers joining company veterans on a growing list of candidates, according to sources close to the discussions. While Marchionne’s closest aides, including Europe chief Alfredo Altavilla and Chief Financial Officer Richard Palmer, are under consideration to replace the CEO, the search has broadened to some younger candidates as the board casts a wide net, said the people, who asked not to be identified because the matter is private. Executives from outside the company are not under consideration, the people said. While Marchionne, who turns 65 on...
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