Sergio Marchionne, the CEO of Fiat S.p.A., Chairman and CEO of Fiat Group Automobiles S.p.A., Chairman and CEO of Chrysler Group LLC, as well as Chairman of Fiat Industrial S.p.A. and CNH Global N.V., has just added another title to his lengthy resume.
This past weekend it was announced that Marchionne has been elected 2012 President of the European Automobile Manufacturers Association (ACEA) by the organization’s board of directors.
The 59-year old executive takes over from Dieter Zetsche, Chairman of the Board of Daimler AG and Head of Mercedes-Benz Cars Division, who served as ACEA President in 2010 and 2011.
“The year 2012 will be challenging especially if the instability in the Eurozone would not be addressed,” said Marchionne after the announcement.
“Our association will further focus its work on three main issues: European industrial policy; sustainable mobility and transport; and international trade relations. These issues are all closely linked as the industry’s capacity to invest and innovate depends on a strong, competitive manufacturing base in Europe,” he added.
