There has been a lot of speculation surrounding who will take the helms of Fiat-Chrysler Automobiles when current CEO Sergio Marchionne retires.
Marchionne has consistently stated he will step down and retire as CEO at the end of 2018, which means the hunt for his successor is certainly underway. Autoline recently jumped in and picked its top candidates that could replace Marchionne at the end of 2018. Foremost, the list forgoes any executives that handle primarily marketing, design or purchasing. Presumably, a member of FCA’s group executive council with operations experience will be tapped.
That leaves five individuals. Richard Palmer, FCA chief financial officer, Alfredo Altavilla, chief operating officer of FCA Europe, Africa and Middle East, Pietro Gorlier, chief operating officer of components that includes Mopar, Michael Manley, head of the Ram and Jeep brands, and finally, Michael Keegan, who coordinates all members of the group executive council.
Each potential candidate offers pros and cons. Palmer is Marchionne’s go-to guy for question surrounding analysts and the media. Altavilla has extensive experience in his current position and in Asian markets but lacks much exposure to North America. Gorlier could be an excellent pick since he has transformed the Mopar unit into a global enterprise, which is something FCA could use. Manley’s benefits are self-explanatory: Jeep and Ram are the crown jewels of FCA. Keegan, on the other hand, has plenty of insight in multiple areas of FCA.
Of course, these are simply guesses based on what is known about each individual. Marchionne and the board will have the final say on the Italian-Canadian executive’s replacement next year. Skip to the 5:32 mark to watch the predictions yourself.