Press release
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july 21, 2018 - Ferrari
Ferrari Announcement
The Board of Directors of #ferrari NV (“Ferrari”) (NYSE/MTA: RACE) learned with deep sadness during its meeting today that Chairman and CEO #sergiomarchionne will be unable to return to work.
The Board’s thoughts are with #sergiomarchionne and his family and it is grateful for the extraordinary contribution he has made in recent years at the helm of #ferrari.
The Board has named #johnelkann as Chairman and will propose to Shareholders, at a meeting to be called in the coming days, that Louis C. Camilleri be named as CEO.
The Board has also given Louis C. Camilleri the necessary powers to ensure continuity of the company’s operation.
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