File: Fiat Chrysler CEO Sergio Marchionne Steps Down After 14 Years At The Helm

Remembering Car Industry Legend Sergio Marchionne

The former Fiat Chrysler CEO has died at 66.

Days after Fiat Chrysler named his replacement as CEO, Italian auto industry legend Sergio Marchionne has died. He was 66 years old. Known for turning around the fortunes of the companies he led with his bold management style and often ruthless job cuts, Marchionne was responsible for boosting Fiat's value more than 10-fold, among other accomplishments.

SUCCESSFUL SPINOFF Spencer Platt/Getty Images SUCCESSFUL SPINOFF In New York City in October 2014, Marchionne shows off a Ferrari after ringing the closing bell on the New York Stock Exchange. The following year, he spun off Ferrari NV from Fiat, and led that company as CEO, too. AN ESPRESSO AND CIGARETTES KIND OF GUY Pier Marco Tacca/Getty Images AN ESPRESSO AND CIGARETTES KIND OF GUY Compared with his Italian business colleagues, Marchionne was almost always more casually dressed, favoring black pullover sweaters and jeans. He also reportedly drank a dozen espressos a day and smoked heavily. "I don't care what a tough guy he was to work for, he saved our company," a Chrysler and Jeep dealer in Georgia told Bloomberg News. "He deserves a bronze statue." Pictured: Marchionne greeting workers at the unveiling of a new Maserati plant in Turin, Italy, in 2013. NOT WITHOUT HIS CRITICS Pier Marco Tacca/Getty Images NOT WITHOUT HIS CRITICS In Milan in November 2014, protestors raise a sign slamming the perceived influence Marchionne had on then-Italian Prime Minister Matteo Renzi. A LOVE FOR CARS AFP/AFP/Getty Images A LOVE FOR CARS Marchionne in the pits during the Italian Formula One Grand Prix, September 2008. He owned a half-dozen Ferraris himself and very much enjoyed driving them to the limit. "When you're pissed off, there's nothing better than this," he once said, just before revving his black Enzo at a test track in 2014 and taking the speed over 200 mph. SERGIO MARCHIONNE: 1952-2018 Venturelli/Getty Images SERGIO MARCHIONNE: 1952-2018



For more FOTO stories directly in your inbox, sign up for our free weekly newsletter.