Sources claim that he had a cerebral embolism after undergoing surgery.
Sergio Marchionne is currently in a coma, and Fiat Chrysler Automobiles’ former CEO Ferrariis on life support. The latest report from Automotive News cites lettera43 for the most recent information about the tragic events that have rocked the automotive industry.
According to the report Marchionne had a cerebral embolism while undergoing surgery for invasive shoulder Sarcoma. This is a type of cancer that Marchionne has suffered from for some time. It caused significant pain in his shoulder. According to the report, Marchionne was admitted to the University of Zurich in risky procedures in the last days of June.
An embolism can be described as a blockage of an arterial, usually caused by blood clots or bubbles in the bloodstream. Although Marchionne’s embolism was not described in detail, the effects can be severe. According to the report, he was in a coma after the surgery and sustained irreversible brain damage. He is reportedly still in a coma, and is being supported only with life support machines. There is no chance of him recovering.
Automotive News refers to the report from Lettra43 which cites anonymous sources. FCA released a press release on July 21. It stated that Marchionne’s health had “worsened substantially in the last hours” after he was discharged from surgery. Mike Manley, Jeep’s boss, was selected to succeed Marchionne as FCA’s new CEO. His confirmation will be made at the next shareholder meeting. Louis Camilleri, a former executive at Philip Morris International, was selected to become Ferrari’s CEO.
Sergio Marchionne is a key figure in the modern automotive industry. From his restructuring of Chrysler following the Great Recession to his bold performance reboot with Dodge and straight-from-the-hip approach to the entire industry, there are few people who’ve left such a mark in their profession. Although his outlook sounds grim, we believe he will be able to pull off a surprise win.
If anything changes, we will keep you informed.