Marchionne has been treated by doctors at University Hospital Zurich for more than a year.
FCA was just as shocked as the rest of motoring world when Sergio Marchionne died. According to a spokesperson for automaker Reuters, Marchionne’s death was not known to the company “due to medical privacy”. The spokesperson for Reuters stated that the company was informed by Mr. Marchionne of his shoulder surgery. He released a statement. “Friday, July 20th, the Company was informed by Mr. Marchionne’s family without any detail of the serious deterioration to Mr. Marchionne’s condition. He would not be able to return to work as a consequence. The Company quickly took the necessary action and reported the results the next day. Marchionne was being treated by doctors at University Hospital Zurich.
According to officials there, Marchionne was under their care for more than a year. Officials at the hospital told Reuters that Mr. Marchionne died despite all of the available options in cutting-edge medicine. Marchionne was suffering from a sarcoma of his shoulder that was causing him pain. This type of cancer can cause bone, cartilage and fat loss, as well as muscle and vascular tissue damage. Marchionne was undergoing surgery on his shoulder and suffered a cerebral embolism. He then fell into a coma. He was placed on life support after sustaining severe brain damage. Tragically, Marchionne died from his injuries at the age of 66. Marchionne was replaced by Mike Manley, Jeep boss at FCA. John Elkann was elected chairman of Ferrari and Louis Carey Camilleri assumed the CEO role at Prancing Horse. Marchionne was about to leave his leadership position at FCA and . He intended to retire in 2019. He was already being considered for replacement by the company.