Washington Post Publisher Will Lewis Steps Down After Layoffs 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) announces the following leadership changes, effective immediately.
Tim Kuniskis is named Head of Alfa Romeo and Maserati brands globally. Kuniskis, a 26-year veteran of FCA, most recently served as Head of Passenger Car brands in North America, which includes Chrysler, Dodge, Fiat and SRT. Prior to that role, he held a series of positions in the U.S. sales business centers as well as in the Dodge and Fiat brands.
In a related move, Steve Beahm is named Head of Passenger Car brands in North America replacing Kuniskis. Most recently, Beahm served as Head of Maserati North America, and previously lead the Supply Chain Management group in North America. He also held a series of positions in the U.S. sales organization.
Reid Bigland, who was formerly Head of Alfa Romeo and Maserati brands globally, will continue serving as Head of U.S. Sales as well as President and CEO of FCA Canada.
"With the launch of the Alfa Romeo Giulia and Stelvio and the Maserati Levante complete, we must now intensify our focus on the commercial elements that will drive global growth for these brands," said Sergio Marchionne, Chief Executive Officer (CEO), FCA. "As Reid has established the commercial foundation for Alfa and Maserati, today's announcement allows Tim to dedicate his efforts solely on the next chapter of these storied brands. In North America, with the execution of our industrial plan now well underway, shifting from cars to SUV's and trucks, Reid's complete attention will be placed on accelerating sales growth in the U.S. and Canada.
"This is an important year for FCA as we work to achieve the commitments made in our five-year business plan, and equally important, to establish the momentum for continued growth going forward," added Marchionne.
Bigland and Kuniskis continue to serve on the Group Executive Council (GEC), which is the highest management body in FCA and is chaired by the CEO.
London, 5 February 2018
Attachments:
http://www.globenewswire.com/NewsRoom/AttachmentNg/80bbe039-1746-408a-b10c-b6ba983ebc27
