TURIN -- Sergio Marchionne plans to give Fiat and Chrysler a single global management.
Marchionne will name 25 executives to run the two automakers. Sources say Marchionne will name himself interim boss of North America because Chrysler's rebirth is still a work in progress.
Marchionne is working on a new top management structure for Fiat and Chrysler after Fiat last week bought out the U.S. and Canadian governments' combined remaining 7.5 percent share of Chrysler to become majority owner of the U.S. automaker.
The new structure will give more authority to regional managers in North America, Latin America and Europe, and possibly Asia-Pacific.
The reorganization would create a revised structure which combines newly created regional divisions with the existing, brand-based organization.
Below Marchionne, Fiat and Chrysler now are largely run by brand bosses. Under the reorganization, brand CEOs are scheduled to remain a first layer of management, but with a dual reporting level, to Marchionne and to the regional bosses.
Top executives are still on edge wondering who will be promoted. Will the Fiat/Chrysler purchasing boss be Chrysler head of purchasing Dan Knott or Fiat purchasing chief Gianni Coda, for example?
Sources, who declined to be identified, say Marchionne could name Knott or Coda to run global purchasing on the steering committee.
The issue is complicated because Marchionne is leaning toward Coda as regional boss of Europe. It's not clear whether Coda could handle the European job and also lead Fiat/Chrysler global purchasing.
The thorny new structure is typical of a Marchionne organization. It reflects his necessity to micromanage when he feels like it -- and the need to lighten his exhausting work load.