Marchionne to stay at helm of Fiat Chrysler through 2018

Politics Reuters

Fiat Chrysler CEO Sergio Marchionne said on Tuesday he would stay at the helm of the world's seventh-largest carmaker until the end of 2018 to see through the execution of a new industrial plan.

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Marchionne had previously said he would remain in charge of the carmaker until at least 2017.

(Reporting by Agnieszka Flak and Bernie Woodall)