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How rich is Sergio Marchionne?
How rich is Sergio Marchionne? As of mid-2016, sources estimate a net worth that is at $60 million, mostly earned through being at the head of these companies. He is also the Chairman of SGS and the Vice-Chairman of the banking group UBS. He helped raise the Fiat Group to one of the fastest growing companies in the industry, and all of these ensured the position of his wealth.
What is Sergio's management style?
Sergio is well known for his unusual management style, preferring to deal directly with employees instead of typical communication via a secretary. He also has a more collegial style, opting for a fourth floor office instead of a penthouse. He has won numerous awards throughout his career including The Deming Cup 2011, the Dwight D. Eisenhower Leadership Award, and the Hennick Medal for Career Achievement. He also received an Honorary Doctor of Laws from the University of Windsor, and an Honorary Doctor of Business Administration from the University of Toledo.
When did Sergio become CEO of SGS?
In 2002, he became the CEO of SGS S.A. Seven years later Sergio decided to buy a 20% stake of Chrysler via Fiat Group, at a time Chrysler was emerging from Chapter 11 bankruptcy protection, and he would then become the CEO. His stake in the company would increase and the two companies would eventually merge.
How tall is Sergio?
Sergio has a fantastic personality. In terms of his physical stature, he stands 1.75 meters tall. He has a healthy, well-balanced body. He has a good-looking body. His kind demeanor and appealing demeanor have helped him to capture the attention of everyone. 44-39-35 is his physical measurement. His eyes are brown, and his hair is grey-white in color. His US shoe size is 8.
Where did Sergio work?
Sergio worked as an accountant and tax specialist for Deloitte & Touche in Canada from 1983 to 1985, before his life took a drastic turn. From 1985 to 1988, he worked for the Lawson Mardon Group in Toronto as Group Controller and later Director of Corporate Development. He moved to Glenex Industries in 1989, where he served as Executive Vice President for two years.
How much was Sergio Marchionne worth when he died?
He earned suffice amount of fortune in his lifetime. His net worth during the time of his death was $600 million US Dollars.
How tall is Sergio?
Sergio enjoyed healthy and wealthy life till the end. He had 5 feet 9 inches in height, while his weight was 79 kg. His overall body measurement is 44-39-35 inches. Similarly, the color of his hair was gray white and his eyes were light brown color.
How did the tycoon die?
The business tycoon died on July 25, 2018, in Zurich, Switzerland at the age of 66. Multiple reports suggested the cause of death was underlying cancer. Briefly, before his death, he underwent a shoulder operation, but could not escape death from an invasive shoulder cancer.
Who was Sergio Marchionne married to?
Sergio Marchionne was not married at the time of his death but had a partner named Manuela Battezzato. He married Orlandina prior to Manuela. He had two sons from her marriage with Orlandina; Alessio and Tyler. They divorced each other in 2010.
Where is Sergio from?
Sergio was born on 17 June 1952 in Chieti, Abruzzo, Italy. He was born to his father Concezio Marchionne, and his mother Maria Zuccon. His father was from Italy and his mother was from Croatia. Although born in Italy, he along with his parents emigrated to Toronto, Ontario, Canada. So, he holds both Italian and Canadian nationality. There is no information about his siblings. He follows Christianity and has Gemini as his zodiac sign. He belongs to the white caucasian ethnicity.
Sergio Marchionne PM stock SEC Form 4 insiders trading
Sergio has made over 25 trades of the Philip Morris International Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently Sergio bought 1,000 units of PM stock worth $86,130 on 21 November 2014 .
What's Sergio Marchionne's mailing address?
Sergio's mailing address filed with the SEC is 120, Park Avenue, City of Cohoes, Albany County, New York, 12047, United States .
Insiders trading at Philip Morris International Inc
Over the last 14 years, insiders at Philip Morris International Inc have traded over $184,857,460 worth of Philip Morris International Inc stock and bought 258,842 units worth $22,088,305 . The most active insiders traders include Carlos Slim Helu, Louis C Camilleri e Andre Calantzopoulos .
What does Philip Morris International Inc do?
with a diverse workforce of around 73,500 people who hail from every corner of the globe.
How did Marchionne die?
Some reports claimed he had suffered from an invasive shoulder cancer. According to the University Hospital of Zürich, Marchionne had been treated for a "serious illness" for over a year before his death, which was also noted by his partner's father Pier Luigi Battezzato. He had also quit smoking since his treatment started. FCA did not have knowledge of his health condition until just weeks before his death.
What is Marchionne known for?
Marchionne earned a reputation for an outspoken and often blunt approach. In a 2009 Forbes interview, Massimo Vecchio, an analyst with Mediobanca, commented on the contrast and Marchionne's controversial management style:
When did Fiat and Chrysler merge?
Fiat and Chrysler officially merged under Marchionne's leadership on August 1, 2014. Following the 2015 Volkswagen emissions scandal, in January 2017, the EPA also accused Fiat Chrysler of illegally installing software that allowed excess diesel emissions to go undetected. Marchionne denied any wrongdoing.
Where is Marchionne from?
Marchionne was born in Chieti, Abruzzo, Italy, the son of Concezio Marchionne, from Cugnoli (Abruzzo), and Maria Zuccon from Carnizza (today Krnica, Croatia) near Pula in Istria. His father served as a Carabiniere in Istria, where he met his future wife. Marchionne's grandfather, Giacomo Zuccon, was killed in September 1943 by Yugoslav Partisans near Barban in Istria, while his uncle Giuseppe Zuccon was killed by German troops the same year. In 1945, when the region was occupied by the Yugoslav army, Marchionne's parents moved to Chieti in Abruzzo, where Sergio was born.
When did Marchionne say Chrysler bailout loans were shyster rates?
In February 2011 Marchionne sparked widespread controversy in the U.S. when he remarked at the J.D. Power & Associates International Automotive Roundtable that Chrysler's bail-out loans from the U.S. government carried " shyster rates".
When did Marchionne leave the car?
After further serious complications, on July 21, 2018, Marchionne resigned from all his positions and was replaced at FCA, Ferrari, SGS and CNH.
Did Marchionne apologize for the comment?
Marchionne immediately issued a public apology, stating "I regret the remark and consider it inappropriate" and going on to explain that "As the only parties willing to underwrite the risk associated with Chrysler’s recovery plan, the two governments [U.S. and Canadian] levied interest rates that, although appropriate at the time, are above current market conditions."
