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Sergio Marchionne Net Worth is $60 Million.

Sergio Marchionne Net Worth is $60 Million. Automotive businessman Sergio Marchionne is currently the CEO of both Fiat and Chrysler, and he has a net worth of $60 million. In addition to his impressive net worth, Marchionne has achieved notability th Sergio Marchionne , now living in Zug, Switzerland, is an international manager widely known for his turnaround of the Italian automotive group Fiat and, more recently, for managing the US automotive group Chrysler from bankruptcy to profitability. Marchionne currently holds several roles of major importance, including serving as CEO of Fiat S.p.A., Chairman and CEO of Chrysler Group LLC, and Chairman of Fiat Industrial S.p.A. and its principal subsidiary CNH. He has been elected Chairman of the European Automobile Manufacturers Association for 2012 . He is the Chairman of Swiss-based SGS, is on the Board of Directors of Altria and was a member of the Board of Directors of the global banking group UBS for a number of years up to 2010, appointed Vice Chairman in February 2008. He is also a member of the Peterson Institute for International Ec...
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Sergio Marchionne Latest News

An Italian-American walks into a French balance sheet…

And we took it as given that Sergio Marchionne wants to do another big deal. We didn’t consider Peugeot though. It’s an idea which has done the rounds in the financial houses of Paris before (in 2009 and 2012) but never happened. Ah, well. As our ...
Posted: July 24, 2014, 10:38 am

Is Fiat-Chrysler about to be the next VW Division??

You remember those cable news channel "talking heads". Back in 2012, FIAT's patron "saint" Sergio Marchionne very publicly directly accused VW of causing "a bloodbath of pricing." The created a public confrontation where Volkswagen to demand for Marchionne ...
Posted: July 20, 2014, 9:30 am

VW, Fiat Deny Deal Imminence But Investors Muse About Possibilities

And the family owners of FAC would cash-in an instant profit, rather than wait years for CEO Sergio Marchionne’s controversial long-term plan to work. Volkswagen, Europe’s biggest vehicle maker, has been an enthusiastic acquirer of brands and now has ...
Posted: July 21, 2014, 8:31 am

Insider Buying: Philip Morris International Director Buys 1,000 Shares of Stock (PM)

Philip Morris International (NYSE:PM) Director Sergio Marchionne acquired 1,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, July 21st. The stock was purchased at an average price of $85.25 per share ...
Posted: July 23, 2014, 4:17 pm

Fiat CEO says tie-up with Volkswagen was never on agenda

TURIN Italy (Reuters) - Fiat Chrysler CEO Sergio Marchionne on Wednesday quashed speculation of a possible tie-up with Germany's Volkswagen , saying the idea had never been on the agenda. A German magazine earlier this month reported Volkswagen Chairman ...
Posted: July 23, 2014, 9:40 am
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