He is a Cavaliere del Lavoro.
Marchionne, together with Fiat Group Chairman Luca di Montezemolo, returned Fiat's automobile division (Fiat Group Automobiles S.p.A.) to profitability in 2006. Together, they have been widely credited with the turnaround of the group into one of the fastest growing companies in the auto industry.
Marchionne has stated he is on "the list" for one of the limited run of 500 Alfa Romeo 8C Competizione.
He began his professional career in Canada. From 1983 to 1985 he worked as a chartered accountant and tax specialist for Deloitte & Touche. From 1985 to 1988 he was Group Controller and then Director of Corporate Development at the Lawson Mardon Group in Toronto. In 1989 he moved to Glenex Industries where he worked for two years as Executive Vice President.
From 1990 to 1992 he was Vice President of Finance and Chief Financial Officer at Acklands Ltd. Between 1992 to 1994, he became Vice President of Legal and Corporate Development and Chief Financial Officer of the Lawson Group, which was acquired by Alusuisse Lonza (Algroup) in 1994.
Between 1994 and 2000, he worked in Algroup (Alusuisse Lonza Group Limited) of Zurich, and eventually became Chief Executive Officer in 1997. He was then at the helm of the Lonza Group Ltd of Basel, after its spin off from Algroup, as Chief Executive Officer and Managing Director (2000-2001) and then as Chairman (2002).
In February 2002, he became Chief Executive Officer and Managing Director of the SGS S.A. of Geneva. In March 2006, he was appointed Chairman of SGS. In addition, he is a member of the Supervisory Board of Hochtief.
Prior to becoming CEO of the Fiat Group he had been a member of the Board of Directors since May 2003.
On November 3rd 2007, Sergio Marchionne crashed his private Ferrari 599 GTB Fiorano on a highway in Switzerland, no injuries were sustained in the accident.