MILAN — Luxurious sports activities carmaker Ferrari has tapped Benedetto Vigna, an Italian govt at Europe’s largest semiconductor chipmaker, as its new CEO, the corporate introduced Wednesday.
Vigna, 52, will be a part of Ferrari in September from Geneva-based STMicroelectronics, the place he has labored for 26 years, most lately operating probably the most worthwhile working enterprise, its analog, micro-electromechanical methods and sensors group.
The appointment alerts Ferrari’s give attention to new applied sciences shaping an automotive world in transition, because the significance of electrical powertrains, autonomous driving applied sciences and in-car connectivity is rising. Ferrari has introduced that its first totally electrical supercar can be launched in 2025.
Ferrari mentioned Vigna’s information of the semiconductor trade “will speed up Ferrari’s skill to pioneer the applying of next-generation applied sciences.”
Vigna would be the third CEO on the firm in three years, following the resignation in December of Louis Camilleri after a bout with COVID-19 and the sudden dying of Sergio Marchionne in July 2018. Chairman John Elkann was been operating the corporate, based mostly within the northern Italian metropolis of Maranello in Emilia-Romagna, on an interim foundation.
Elkann praised Vigna’s “deep understanding of the applied sciences driving a lot of the change in our trade … his confirmed innovation, business-building and management abilities.”
Ferrari’s modern sports activities automobiles and Components 1 racing machines have made the prancing horse emblem among the many world’s strongest manufacturers. It’s dipping its toes into the luxurious sector, a part of a long-term technique to remodel itself right into a luxurious items maker, with the runway preview of a brand new luxurious ready-to-wear assortment this weekend in Maranello.
Like the remainder of the automotive trade, Ferrari has been hit by the coronavirus pandemic, which briefly shut manufacturing in spring 2020. Ferrari introduced final month that it received’t hit 2022 monetary targets as a result of pandemic’s influence, regardless of a robust first-quarter rebound.