Marchionne Rebuilds Fiat-Chrysler at 200 MPH
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Sergio Marchionne likes to move fast. The chief executive officer of Fiat SpA and Chrysler Group LLC owns a half-dozen Ferraris, has homes in three countries, and spends much of his time on a private jet shuttling between Detroit, Fiat’s hometown of Turin, and other outposts of his growing empire.
Fueled by a dozen espressos a day and packs of Muratti cigarettes, he stormed into Fiat a decade ago and fired most of the top management, then did the same at Chrysler in 2009, installing a dozen newcomers on his second day.