This happened rather unexpectedly...

"Sergio Marchionne, the man in black and self-proclaimed fixer who plucked Chrysler from the ashes of bankruptcy in 2009 and hitched it to Fiat to create a money-making global automaker, has died, according to a statement from Fiat Chrysler Chairman John Elkann. He was 66.

"Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone," Elkann, of the controlling Agnelli family, said in the statement.

"I believe that the best way to honor his memory is to build on the legacy he left us, continuing to develop the human values of responsibility and openness of which he was the most ardent champion."

"Marchionne became gravely ill after what the company has called shoulder surgery, forcing him to be replaced as CEO of Fiat Chrysler Automobiles on Saturday. The company appointed Mike Manley, 54, head of the automaker's Jeep and Ram brands, as Marchionne's successor."

http://www.crainsdetroit.com/article...rysler-dies-at

I alway feel sorry for guys who get cheated out of retirement but he had a great run.