Stellantis’ high U.S. government is now a co-owner of Detroit’s Fisher mansion after paying a document worth to former Normal Motors President Dan Ammann.
Mark Stewart, Stellantis’ North America COO, and Antonio Gamez Galaz paid $4.9 million — the highest residence sale worth within the metropolis’s historical past — for the 22,000-square-foot, 15-bedroom mansion, Crain’s Detroit Enterprise, a sibling publication of Automotive Information, reported final week.
“They’ve lengthy been obsessed with its structure and are excited to turn out to be a part of town’s renaissance by making Detroit their residence,” a Stellantis spokesperson stated in a press release. “They sit up for preserving this piece of automotive historical past for years to come back.”
The house in Detroit’s Palmer Woods neighborhood was in-built 1922 for Alma and Alfred Fisher, then one of many house owners of Fisher Physique Co., which made automotive our bodies.
Ammann and his spouse, Pernilla, purchased it in 2015 for $1.55 million. Dan Ammann moved to San Francisco in 2019 to be CEO of Cruise, the GM-backed autonomous driving firm, however was dismissed in December.
Alex Chapman, an affiliate dealer at Signature Sotheby’s who represented Stewart and Gamez Galaz, stated they recognize Detroit historical past, love structure and wish to be extra concerned within the metropolis’s revival by means of the acquisition.
Chapman stated they have been impressed by the work Ammann had completed so as to add air-con, improve electrical and plumbing and but hold the home in its pure state. The work Ammann put into the home “undoubtedly exhibits,” he stated.
Stewart has been with Stellantis since December 2018, when it was nonetheless Fiat Chrysler Cars. He beforehand labored for Amazon and ZF Group.