StaffAllpar HomeMore NewsCarsTrucksUpcomingRepairsTest drives

Marchionne’s big pay drop

by Bill Cawthon on

Fiat Chrysler Automobiles CEO Sergio Marchionne saw his 2016 compensation drop by nearly 84%, to under under $12 million. According to the Detroit Free Press, that’s about one-sixth of the  $73 million he pocketed in 2015.

The big drop was due to the fact that none of the FCA shares he received as incentives vested in 2016; Marchionne’s salary is $4 million. For 2016, he also gained a bonus of almost $7 million and more than a million dollars for insurance, tax preparation and equalization. [Note: all figures are converted from euros.]

He has another $6.8 million coming from a bonus later this year, as well as compensation for being the CEO of CNH Holdings and chairman of the board at Ferrari.  Bloomberg estimated last year that Marchionne’s holdings were worth about $232 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.

Newest Ram Built to Serve models honor the U.S. Air Force

Former Ram chief engineer Michael J. Cairns
2021 Ram 1500 Rebel navigation screen
What’s new for ’21? The big list of changes

More Mopar Car
and Truck News

Some popular Allpar pages

Dodge Demon

2018 Wrangler JL

Staff details/contactsTerms of ServiceInformation is presented to the best of our knowledge. Plans change and sometimes mistakes are made. Decisions or purchases made based on this site's verbiage or images are done at the reader's own risk. Also see the Allpar News archives, 1997-2008 • Copyright © VerticalScope Inc. All rights reserved. • Mopar, Dodge, Jeep, Chrysler, HEMI, and certain other names are trademarks of Fiat Chrysler Automobiles.