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Mattarella pays tribute to Sergio Marchionne

POLITICS
Mattarella pays tribute to Sergio Marchionne

Sergio Marchionne "wrote an important page in Italy's industrial history," head of state Sergio Mattarella said on Wednesday, paying tribute to carmaker Fiat-Chrysler's former chief executive, who has died aged 66.

"Marchionne wrote an important page in Italy's industrial history. With his responsibilities as Fiat's leader he led it through years that witnessed a quite radical transformation of markets and systems of production, financial strategy and union relations," Mattarella wrote in a statement.

"He never gave up fighting for his strategies and overcoming difficulties and conflict... his vision always tried to look to the future and to see how innovation and quality could offer a sounder future," Mattarella said.

The statement offered condolences to Mattarella's family and friends at his passing following complications from shoulder surgery.

"The news saddens us and leaves a gaping hole for all those who knew him and appreciated his human, intellectual and professional qualities," it said.

Marchionne, who engineered Fiat-Chrysler's dramatic turnaround was replaced as CEO last week. He had led the combined company for more than a decade and boosted its value more than 10-fold during his tenure. He had planned to step down next year.

Marchionne was also super-car maker Ferrari's CEO and chairman.

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