Fiat Chief’s Death Raises Privacy Questions
- Marchionne died following long illness that wasn’t disclosed
- Disclosure issues have been compared to Steve Jobs, Apple
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Car boss Sergio Marchionne’s surprise death raises awkward questions about how much information ailing executives or their companies need to give the markets about health issues.
The revelation by a Zurich hospital -- where the 66-year-old died -- that he’d been under treatment for more than a year triggered a debate about whether he should have told his employer sooner about his condition or whether Fiat Chrysler Automobiles NV downplayed its gravity.