MAS President Joe Recchia Remembers Sergio Marchionne

August 1st 2018
Rita Davidson Barnea
Sergio Marchionne

Video: http://www.fox2detroit.com/news/349200065-video

In this video, Michigan Accordion Society President, Joe Recchia talks about his time meeting Sergio Marchionne, who used to play the accordion.

Sergio Marchionne, ( June 17, 1952 – July 25, 2018) was an Italian-Canadian businessman, widely known for his turnarounds of the automakers Fiat and Chrysler, his business acumen and his outspoken and often frank approach, especially when dealing with unpalatable issues related to his companies and the automotive industry.

From Wikipedia: Marchionne was the chairman of CNH Industrial, the chief executive officer (CEO) of Fiat Chrysler Automobiles, the chairman and CEO of FCA US LLC, the chairman and CEO of Ferrari, and the chairman of Maserati.

He was the chairman of Swiss-based SGS and vice chairman of UBS from 2008 to 2010, as well as the chairman of the European Automobile Manufacturers Association for 2012 (first elected in January 2006). He was a member of the Peterson Institute for International Economics, and the chairman of the Italian branch of the Council for the United States and Italy.

Noted for his keen observations of the automotive industry, Marchionne’s insights ranged from frank criticism of his company’s own products to a highly-regarded 2015 presentation titled Confessions of a Capital Junkie, extolling the benefits of industry consolidation.