---
title: "Report: Marchionne’s Condition ‘Irreversible’ After Post-Surgery Complications"
description: "Shares of FCA and Ferrari dropped considerably after the weekend executive shuffle."
date: "2018-07-23"
modified: "2018-07-23"
authors:
  - name: "Jerry Perez"
    job_title: "Deputy Editor"
    link: "https://www.thedrive.com/authors/jerry-perez"
url: "https://www.thedrive.com/news/22342/report-marchionnes-condition-irreversible-after-post-surgery-complications"
categories:
  - "Chrysler News"
  - "Culture"
  - "News"
  - "News by Brand"
  - "People"
tags:
  - "Auto Industry News"
  - "automotive news"
  - "FCA"
  - "Italy"
  - "News"
  - "Sergio Marchionne"
  - "Stock Market"
  - "Switzerland"
---

# Report: Marchionne’s Condition ‘Irreversible’ After Post-Surgery Complications

![](<https://www.thedrive.com/wp-content/uploads/images-by-url-td/content/2018/07/gettyimages-905254278.jpg>)
*\<em\>www.thedrive.com</em>*

Reports emerging out of Europe claim that [Sergio Marchionne's condition has worsened](<https://www.thedrive.com/news/22317/sergio-marchionne-replaced-as-fca-ceo-amid-emergency-health-complications>) over the weekend and that the Italian-Canadian executive known for bringing Fiat Chrysler Automobiles to profitability has been admitted to an intensive care unit at a Zurich University hospital in Switzerland.

Marchionne underwent shoulder surgery in recent weeks but complications "arose during recuperation" and compromised his overall health, according to Italian newspaper [*Il Messaggero*](<https://motori.ilmessaggero.it/news/marchionne_malattia_come_sta_condizioni_23_luglio_2018-3872942.html>). FCA has yet to release an official statement on its former CEO, but Italian and Swiss newspapers have reported several updates since Saturday afternoon, some of them claiming that Marchionne had [confirmed business appointments](<https://www.thedrive.com/news/17706/sergio-marchionne-promises-fca-will-be-around-for-a-while>) for late July, meaning that what happened was completely unexpected.

![message-editor%2F1532371975711-gettyimages-965301708.jpg](<https://www.thedrive.com/wp-content/uploads/message-editor/1532371975711-gettyimages-965301708.jpg>)
*Marchionne and John Elkann, FCA's new president and Ferrari chairman., *GETTY**

Italian news outlet [*ANSA*](<https://www.ansa.it/english/news/2018/07/23/fca-shares-hit-as-marchionne-era-ends-altavilla-quits_34f72d75-2936-466e-8fd4-70c2a1caa87c.html>), reported that Marchionne's condition is now considered "irreversible after post-operation complications." What those conditions still remain unknown, but several statements released by fellow FCA officials sound ominously dark and almost imply the worst. FCA president and [Ferrari's new chairman](<https://www.thedrive.com/news/22320/ailing-marchionne-replaced-as-ferrari-ceo-by-former-tobacco-executive>), John Elkann said: "Marchionne will not be back. We will be eternally grateful to him." Adding that his condition "leaves us all with a real sense of injustice."

![message-editor%2F1532372008499-gettyimages-1003528992.jpg](<https://www.thedrive.com/wp-content/uploads/message-editor/1532372008499-gettyimages-1003528992.jpg>)
*The historic FCA building in Turin, Italy., *GETTY**

Shares of both FCA and Ferrari traded lower on the world's markets on Monday morning, as the news of Marchionne's exit from the company began spreading through [the business world](<https://www.thedrive.com/news/18671/fiat-chrysler-boss-marchionne-made-nearly-12-million-in-2017>). FCA shares dropped 3 percent in early New York trading, while Ferrari shares were 5 percent down, according to Google Finance at the time of publishing.

According to Turin-based Italian newspaper [*La Stampa*](<https://www.lastampa.it/2018/07/23/economia/fca-e-il-nuovo-ad-manley-alla-prova-dei-mercati-h98iXTfcc66v3EqDW7WBZM/pagina.html>), the 66-year-old executive is currently accompanied by his two sons Allessio Giacomo and Jonathan Tyler at the Swiss hospital, along with his longtime female companion Manuela Battezzato, who is an FCA employee in the communications department.

## Author
Jerry is responsible for upholding The Drive's ethos as an audience-first, enthusiast-driven car blog that serves up industry-leading news, reviews, culture, and motorsport coverage. Overseeing a staff of writers and editors from his home base in Indianapolis, he helps curate the site's daily rundown, as well as its medium- and long-term content strategies. Jerry joined The Drive in 2018 as a writer and worked as news editor and managing editor before becoming the deputy in 2023. As a lifelong car enthusiast and racing fan, Jerry believes that all cars are cool, but the people behind the machines are even cooler. This belief often gives The Drive a slightly different focus from most other car sites, where we explore the humanity behind the machines. When he's not obsessing over the day's biggest stories or hanging out at a race track, Jerry can be found behind the wheel of a car, most likely sharing a laugh with his teenage son or daughter.

### Author social links  
[Instagram](<https://www.instagram.com/drive_jerry/>)