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BREAKING:  Jeep Head Mike Manley Named New CEO of Fiat Chrysler BREAKING:  Jeep Head Mike Manley Named New CEO of Fiat Chrysler
EDITORIAL UPDATE: Sergio Marchionne passed away at 66. Here is the story at the Toledo Blade. Mike Manley, the man behind the rise of... BREAKING:  Jeep Head Mike Manley Named New CEO of Fiat Chrysler

EDITORIAL UPDATE: Sergio Marchionne passed away at 66. Here is the story at the Toledo Blade.

Mike Manley, the man behind the rise of the Jeep Brand to be worth more then $35 Billion, has been rewarded for his skills by being named as CEO of Fiat Chrysler Automobiles.

The announcement came Saturday after an emergency meeting of the FCA Board of Directors. According to the Toledo Blade, the Board meeting was called as a result of Sergio Marchionne’s rapidly deteriorating health following a recent surgery.

Sergio Marchionne has been a vocal advocate for the Jeep brand.

Mr. Marchionne is widely regarded as the man who rescued Chrysler, the parent company of Jeep, out of Bankruptcy.

Mike Manley has run the Jeep division since 2009 and, as reported by The Blade, the decision to become FCA CEO is being praised by FCA’s partners including the United Auto Workers.

Mike Manley led the Jeep division to record sales and a $35 Billion valuation.

Expectations will be high for the 54 year old Manley, including the ongoing commitment to keep Jeep as part of FCA and to continue to expand operations in Toledo, Ohio, where the new JL Wrangler and upcoming Jeep Truck are being manufactured.

Most Jeep enthusiasts know Marchionne for his public statements about the future of Jeep, but many may not know that he concurrently held multiple CEO positions in Italy including CEO of the iconic Ferrari Brand. The announcement regarding his health led to several urgent board meetings on Saturday.

You can learn more at ToledoBlade.com

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