Sergio Marchionne Named Chrysler Board Chairman
Bloomberg reports that the CEO has also been elected as Chrysler chairman of the board, so he’s very unlikely to encounter opposition regarding the changes he wants to make. In addition, the American carmaker has named Leo Houle and John Lanaway as independent directors, effective immediately. They replace Robert Kidder, George Gosbee and Scott Stuart, who have resigned from their posts.
Probably the biggest plan that the CEO has is to seamlessly merge Fiat and Chrysler into an automotive giant. To do this, he has recently acquired a controlling stake in the American company.