Fiat Chrysler Cars CEO Mike Manley will develop into head of Americas operations for Stellantis, the automotive group that can be shaped after the merger of FCA and PSA Group, FCA Chairman John Elkann told employees.
Manley, 56, was a key determine in driving the merger ahead, working with PSA CEO Carlos Tavares since late 2018 to carry the 2 automakers collectively. However, not like Tavares and Elkann, he is not going to have a seat on the board of administrators of Stellantis. The businesses are pushing to complete the merger by the end of January, Bloomberg reported Thursday.
Elkann stated in a letter launched Friday that Manley would handle FCA workers later right now. He supplied reward for Manley, who took over as CEO in July 2018 from an ailing Sergio Marchionne.
“As soon as our merger completes – hopefully quickly within the new yr – Mike can be requested to take up the position of head of Americas, working alongside Carlos and persevering with to carry his nice expertise, vitality and drive to creating Stellantis the extraordinary firm we all know will probably be,” Elkann stated.