FCA To Merge With PSA

ShinerBock wrote:

That is not how it works. The CEO cannot override the board of directors. Board members are elected by shareholders(owners of the corp) to act on behalf of the shareholders.

Spot On

The Board members are responsible to the shareholders. Their primary responsibility is to increase shareholder wealth, not protect FCA or PSA.

I would not be surprised to see Jeep spun off, but I don't know who would buy jeep brand.

Chrysler will be a mere shadow in a decade.