Ends Sunday: Register for FREE subscriber access to autonews.com

Fiat CEO intends to remain at least until 2012

Fiat CEO Sergio Marchionne
MILAN (Thomson Financial) Fiat CEO Sergio Marchionne said he intends to remain at the company until at least 2012, daily La Repubblica reported.

"However, the work started will continue also without me. I won't stay here forever," he was quoted as saying.

The newspaper said Marchionne has been courted to join General Motors and to take up greater responsibilities at UBS, where he is non-executive vice-chairman.

Marchionne is widely credited with turning around Fiat since his arrival in 2004.

0

Shares

ATTENTION COMMENTERS: Over the last few months, Automotive News has monitored a significant increase in the number of personal attacks and abusive comments on our site. We encourage our readers to voice their opinions and argue their points. We expect disagreement. We do not expect our readers to turn on each other. We will be aggressively deleting all comments that personally attack another poster, or an article author, even if the comment is otherwise a well-argued observation. If we see repeated behavior, we will ban the commenter. Please help us maintain a civil level of discourse.

Newsletters