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Friday, June 11, 2021

Ferrari has appointed electronics pioneer Benedetto Vigna as its new chief executive

CNBC

 

Ferrari has appointed electronics pioneer Benedetto Vigna as chief executive as the company gears up for the age of electric vehicles.

Vigna will join Ferrari on Sept. 1 from semiconductor firm STMicroelectronics, where he is head of its sensors group.

The Italian sportscar maker announced the appointment in a statement Wednesday. Former CEO Louis Camilleri stepped down for personal reasons in December after a reported battle with Covid-19.

Ferrari said Vigna has experience working for some of the world’s leading technology companies. But the 52-year-old Italian’s appointment has come as a surprise to many given he has not previously worked for an automotive company or a luxury brand.