Report
Richard Hilgert
EUR 100.00 For Business Accounts Only

Fiat Chrysler Faces Key-Person Risk Sooner Than Anticipated; Maintaining EUR 25 FVE

No-moat-rated Fiat Chrysler has announced that the board of directors has accelerated the CEO transition plan and named Mike Manley CEO of the company. Manley was one of three executives that were rumored to be in the running to replace Sergio Marchionne in April next year. The announcement stated that Marchionne had undergone surgery but has suffered complications that have worsened significantly, rendering him unable to return to work.
Key-person risk at the loss of Marchionne's leadership is ...
Underlying
Stellantis N.V.

Fiat Chrysler Automobiles is a holding company. Through its subsidiaries, Co. is an international automotive group engaged in designing, engineering, manufacturing, distributing and selling vehicles, components and production systems. Co. has operations in approx. 40 countries and sells its vehicles directly or through distributors and dealers in more than 140 countries. Co. designs, engineers, manufactures, distributes and sells vehicles for the mass market under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands and the SRT performance vehicle designation.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Richard Hilgert

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