Fiat Chrysler Automobiles NV is preparing for the premature end of the Sergio Marchionne era.
The 66-year-old native of Chieti, Italy, out on medical leave for the past several weeks, won’t return to his CEO roles at the Italian-American automaker or at race car manufacturer Ferrari NV, according to people familiar with the matter. The boards of both companies are preparing to name replacements for him on Saturday, said the people, who asked not to be named discussing confidential matters.
