Harald Wester - Fiat Chrysler CEO

CEO

Mr. Harald J. Wester serves as Chief Technology Officer at Fiat Chrysler Automobiles N.V. since May 24, 2016. He was Chief Technology Officer Head of Alfa Romeo and Maserati of the company from October 12, 2014 to May 24, 2016. He started his professional career at Volkswagen AG in Wolfsburg, where he was General Manager of the Vehicle Research New Concepts department from 1991 to 1995. Later that year, he joined Audi AG in Ingolstadt where he became Program Manager for the A2 models Special Vehicles. In January 1999 he joined Ferrari S.p.A. in Maranello as Director of Product Development, where he remained until January 2002 when he was hired by Magna Steyr AG, Magna AG as Group President Engineering and Chief Technical Officer . In 2004 he joined the FCA where he took on the role of Chief Technical Officer, or CTO, of FCA Italy and, subsequently, CTO for the FCA. He was named a member of the GEC on September 18, 2007. In addition to these roles, he was appointed CEO of Maserati S.p.A., CEO of Abarth C. S.p.A. and CEO of Alfa Romeo Automobiles S.p.A. . He obtained a Masters in Mechanical Engineering from Technische Universitaet CaroloWilhelmina zu Braunschweig in 1986. since 2016.
Age 58
Tenure 8 years
Phone44 20 7766 0311
Webhttp://www.fcagroup.com
Wester started his professional career at Volkswagen AG in Wolfsburg, where he was General Manager of the Vehicle Research & New Concepts department from 1991 to 1995. Later that year, he joined Audi AG in Ingolstadt where he became Program Manager for the A2 models & Special Vehicles. In January 1999 he joined Ferrari S.p.A. in Maranello as Director of Product Development, where he remained until January 2002 when he was hired by Magna Steyr AG, Magna AG as Group President Engineering and Chief Technical Officer . In 2004 he joined the FCA where he took on the role of Chief Technical Officer, or CTO, of FCA Italy and, subsequently, CTO for the FCA. He was named a member of the GEC on September 18, 2007. In addition to these roles, he was appointed: CEO of Maserati S.p.A., CEO of Abarth & C. S.p.A. and CEO of Alfa Romeo Automobiles S.p.A. .

Fiat Chrysler Management Efficiency

The company has return on total asset (ROA) of 2.18 % which means that it generated a profit of $2.18 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.16 %, meaning that it created $0.16 on every $100 dollars invested by stockholders. Fiat Chrysler's management efficiency ratios could be used to measure how well Fiat Chrysler manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 17.71 B in liabilities with Debt to Equity (D/E) ratio of 1.05, which is about average as compared to similar companies. Fiat Chrysler Automobiles has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Fiat Chrysler until it has trouble settling it off, either with new capital or with free cash flow. So, Fiat Chrysler's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fiat Chrysler Automobiles sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fiat to invest in growth at high rates of return. When we think about Fiat Chrysler's use of debt, we should always consider it together with cash and equity.

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Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. Fiat Chrysler Automobiles N.V. was founded in 1899 and is based in London, the United Kingdom. Fiat Chrysler is traded on New York Stock Exchange in the United States. Fiat Chrysler Automobiles (FCAU) is traded on New York Stock Exchange in USA and employs 191,752 people.

Management Performance

Fiat Chrysler Automobiles Leadership Team

Elected by the shareholders, the Fiat Chrysler's board of directors comprises two types of representatives: Fiat Chrysler inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fiat. The board's role is to monitor Fiat Chrysler's management team and ensure that shareholders' interests are well served. Fiat Chrysler's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fiat Chrysler's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patience Wheatcroft, Non-Executive Director
Olivier Francois, Chief Marketing Officer, Head - Fiat Brand
Michael Manley, COO, APAC, Head - Jeep Brand
Mark Chernoby, COO - Product Development, Head of Quality
Joe Veltri, Vice President - Investor Relations
Davide Mele, Deputy COO Latin America
Valerie Mars, Non-Executive Director
Steve Beahm, Head of Passenger Car brands in North America
Timothy Kuniskis, Head of North America Passenger Car Brands
Reid Bigland, Head - Alfa Romeo Brand for the NAFTA Region
Scott Garberding, Head - Group Purchasing
Richard Palmer, CFO, COO for Systems and Castings and Member of The Group Executive Council
Linda Knoll, Chief Human Resource Officer
John Elkann, Chairman and Chairman of Governance and Sustainability Committee
Stephen Wolf, Non-Executive Director
Robert Lee, Head - Powertrain Coordination
Sergio Marchionne, CEO, Executive Director, CEO FCA Italy and CEO of FCA US
Alfredo Altavilla, COO, Europe, Middle East and Africa, Head - Business Development
Sergio FCA, CEO, Executive Director, CEO FCA Italy and CEO of FCA US
Ermenegildo Zegna, Non-Executive Director
Mauro Fenzi, COO
Scott Thiele, Chief Purchasing Officer
Michael Keegan, GEC Coordinator
Daphne Zheng, COO of China
Glenn Earle, Non-Executive Director
Ralph Gilles, Head - Design
Tiberto dAdda, Non-Executive Director
Paul Alcala, COO of the Asia Pacific regions, excluding China
Alessandro Baldi, Chief Audit Officer and Sustainability and Head of Audit and Compliance
Harald Wester, Chief Technical Officer, Chief Executive of Alfa Romeo and CEO of Maserati Brand
Stefan Ketter, Chief Manufacturing Officer
Ronald Thompson, Non-Executive Director
Ruth Simmons, Non-Executive Director
Pietro Gorlier, Head - Parts & Service (MOPAR)
Andrea Agnelli, Non-Executive Director

Fiat Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fiat Chrysler a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fiat Chrysler in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fiat Chrysler's short interest history, or implied volatility extrapolated from Fiat Chrysler options trading.

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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Fiat Chrysler Automobiles information on this page should be used as a complementary analysis to other Fiat Chrysler's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Fiat Stock

If you are still planning to invest in Fiat Chrysler Automobiles check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fiat Chrysler's history and understand the potential risks before investing.
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