Ferrari to build a future as good as its past with new CEO, says chairman

By REUTERS | 9 September 2018


Camilleri speaking with a technician after the Italian Formula One Grand Prix at the Monza racetrack, Italy, on Sept 2. - Reuters


AMSTERDAM: Under new CEO Louis Camilleri, Ferrari is determined to be as successful as it was under his predecessor Sergio Marchionne, the chairman of the Italian supercar maker told a shareholder meeting to approve Camilleri’s appointment.

“Sergio Marchionne strengthened the foundations of Ferrari, now we can build on that for the future, which will be a bright future,” John Elkann said on Friday.

“Under the leadership of Camilleri, Ferrari is determined to build a future that is as good as its past,” he added.

Camilleri’s appointment won the backing of 98 percent in a shareholder vote.

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