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Business, political leaders remember ‘larger-than-life’ Marchionne

July 25, 2018

Crain’s Detroit Business

Sergio Marchionne, 66, died Wednesday of complications from shoulder surgery. The Fiat Chrysler executive responsible for transforming the ailing Chrysler out of bankruptcy made an impact on the industry and those that worked in it and those who called Detroit home.

Here is a collection of comments from area business and political leaders about the iconoclastic Marchionne:

Michigan Gov. Rick Snyder

“We often joked about how we were just two accountants who started our careers across the Detroit River from each other — Sergio in Windsor and me in Detroit. The many times we met, both in Michigan and overseas, will always provide me with fond memories of this outstanding businessman, leader, and friend to all of us in Michigan.”

Mary Barra, president and CEO, General Motors Corp.

“Sergio created a remarkable legacy in the automotive industry. Our thoughts are also with our industry colleagues at Fiat Chrysler as they deal with this sudden loss.”

Bill Ford Jr., executive chairman, Ford Motor Co.

“Sergio Marchionne was one of the most respected leaders in the industry whose creativity and bold determination helped to restore Chrysler to financial health and grow Fiat Chrysler into a profitable global automaker. His extraordinary leadership, candor and passion for the industry will be missed by everyone who knew him.”

Ray Scott, president and CEO, Lear Corp.

“Sergio was a larger-than-life figure in the industry and had a profound impact on everyone who came in contact with him. I met him on several occasions during the United Way committee meetings, and his passion for social justice was always very evident. He put his money where his mouth was and provided us all with great lessons on what it means to be a socially responsible business, while demonstrating a strong appreciation for the community.”

U.S. Rep. Debbie Dingell

“He was brilliant, focused, strategic, intense and helped Michigan and the industry I love. Sergio taught me over the years many things and he was a friend, not afraid to yell, but then could laugh so ever hard. Our community should celebrate his life and be thankful for his many contributions.”

Sandy Baruah, president and CEO, Detroit Regional Chamber

“Sergio Marchionne was one of a kind. An iconoclast and larger than life, he had an outsized impact on the industry and therefore our region. He didn’t just save Chrysler and Fiat, he increased the value of these companies by more than 10-fold. Countless employees, dealers, suppliers and the driving public directly benefited from this one man’s incredible accomplishments.”


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