Ferrari CEO Louis Camilleri Retires With Immediate Effect

Of system, Camilleri also had to guide Ferrari via the turbulent financial shutdown prompted by the pandemic, a task he managed to do remarkably effectively, even though also strengthening the brand’s fiscal situation given that 2018.

In the interim – at the very least right until a long term CEO can be located – John Elkann will consider over from Camilleri. Elkann is not only the head of the Italian relatives that offers a the greater part stake in the brand name but is Ferrari’s present-day govt chairman. That will make him as excellent a replacement as any, in particular at this kind of short observe.

Subsequent his announcement, Camilleri reported: “Ferrari has been a portion of my life and serving as its main govt has been a good privilege.”