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Marchionne increases FCA holdings

by Bill Cawthon on

FCA CEO Sergio Marchionne’s voting stake in the carmaker has increased to nearly 1% thanks to a stock grant.


According to a reports from Il Sole 24 Oro and Reuters based on company filings with the Dutch government, the 2.3 million shares he received as the final installment of a 2012 compensation plan brings his total stake to 14.4 million shares.

Marchionne was already one FCA’s largest individual shareholders.

At Thursday’s closing price of $15.47, the latest addition to Marchionne’s nest egg was worth nearly $35.6 million. His total FCA stake is currently valued at $222.8 million.

The new shares also will give Marchionne a larger say in Ferrari as his holdings won’t be diluted when the brand is spun off later this year.

In addition to taking his stock grant, Marchionne also exercised previously granted rights on about 366,000 shares of CNH Industrial, the company formed by the merger of CNH and Fiat Industrial, which includes Iveco trucks. His holdings now total 2.16 million shares, worth nearly $18 million.

Between the two companies, Marchionne’s stock is worth over $247.7 million.

Bill Cawthon grew up in the auto industry in the 1950s. His Dad worked for Chrysler and Bill spent a number of Saturdays down on the plant floor at Dodge Main in Hamtramck. Bill is also the U.S. market correspondent for, a British auto industry publication, and a member of the Texas Auto Writers Association, which has named the Jeep Grand Cherokee the “SUV of Texas” several times and named the Ram 1500 as the “Truck of Texas” two years running.

Bill has owned five Plymouths (including the only 1962 “Texan”), one Dodge and one Chrysler and is still trying to figure out how to justify a Wrangler. He also has owned at least one of every 1:87 scale model of a Chrysler product. You can reach him directly at (206) 888-7324 or by using the form.

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