Sergio Marchionne Named One of TIME Magazine's TIME 100 TIME'S Annual List of the 100 Most Influential People in the World

AUBURN HILLS, Mich., April 21, 2011 /PRNewswire/ -- TIME named Sergio Marchionne, CEO of Chrysler Group LLC, to the 2011 TIME 100, the magazine's annual list of the 100 most influential people in the world. The full list and related tributes appear in the May 2 issue of TIME, available on newsstands on Friday, April 22, and now at time.com/tk.

The list, now in its eighth year, recognizes the activism, innovation and achievement of the world's most influential individuals. As TIME Managing Editor Richard Stengel has said of the list in the past, "The TIME 100 is not a list of the most powerful people in the world, it's not a list of the smartest people in the world, it's a list of the most influential people in the world. They're scientists, they're thinkers, they're philosophers, they're leaders, they're icons, they're artists, they're visionaries. People who are using their ideas, their visions, their actions to transform the world and have an effect on a multitude of people."

Marchionne was named CEO of Chrysler Group LLC in June 2009. On January 1, 2011, he was appointed Chairman of Fiat Industrial S.p.A., resulting from the demerger with Fiat S.p.A., and maintains his role as Chief Executive Officer of Fiat S.p.A.

Previously, Marchionne was appointed Chairman of Case New Holland (CNH) in April 2006 and Chief Executive Officer of Fiat Group Automobiles in February 2005. He was appointed Chief Executive Officer of Fiat S.p.A. in June 2004 and has been a member of the board since May 2003.

In 2010, he joined the board of directors of Exor S.p.A. Marchionne also serves as a member of the board of Philip Morris International Inc. and a member of the General Council of Confindustria (the employers association of Italy), of Assonime (the association of Italian joint stock companies), and of ACEA (European Automobile Manufacturers Association). He is a permanent member of the Fondazione Giovanni Agnelli. He is also a member of the board of the Peterson Institute for International Economics and the Chairman of the Italian Branch of the Council for the United States in Italy. Marchionne continues to serve as Chairman of SGS SA headquartered in Geneva. He previously served as the non-executive Vice Chairman and Senior Independent Director for UBS.

Marchionne is a barrister, solicitor and chartered accountant. He obtained a Bachelor of Laws from Osgoode Hall Law School at York University in Toronto, Canada. He also holds a Master of Business Administration from the University of Windsor, Canada.

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About TIME

TIME is a global multimedia brand that reaches more than 50 million people, including the domestic and international magazine editions, iPad, TIME for Kids, TIME.com and mobile. TIME.com draws 10 million unique visitors a month and recently won an Emmy for video on the site. TIME leads the mobile app space with more than 3 million total app downloads across all mobile platforms, including iPhone, Blackberry and Android. TIME was one of the first magazine apps available on the iPad at launch and has more than 2.4 million Twitter followers.

About Chrysler Group LLC

Chrysler Group LLC, formed in 2009 from a global strategic alliance with Fiat S.p.A., produces Chrysler, Jeep, Dodge, Ram, Mopar and Fiat vehicles and products. With the resources, technology and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler Group's culture of innovation, first established by Walter P. Chrysler in 1925, and Fiat's complementary technology that dates back to its founding in 1899.

Headquartered in Auburn Hills, Mich., Chrysler Group's product lineup features some of the world's most recognizable vehicles, including the Chrysler 300, Jeep Wrangler, Dodge Challenger and Ram 1500. Fiat contributes world-class technology, platforms and powertrains for small- and medium-size cars, allowing Chrysler Group to offer an expanded product line including environmentally friendly vehicles.

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SOURCE Chrysler Group LLC