Lionel Laurent, Columnist

Fiat Chrysler Superman Was Only Human After All

We shouldn’t rush to judgment on the disclosure of Marchionne’s health problems.

Fiat death was not the same as Steve Jobs at Apple.

Photographer: Federico Bernini/Bloomberg
Lock
This article is for subscribers only.

There’s a lot we still don’t know about Sergio Marchionne’s health problems before his unexpected death this week. The Fiat Chrysler CEO’s apparent wish to keep them private, even from the board, will seem problematic to shareholders, analysts and directors who prize transparency.

But barring any unexpected revelations, this doesn’t look like a corporate-governance breakdown — more a possible reminder that superstar CEOs often feel they can solve their own problems.