Following the resignation of Louis C. Camilleri in December on account of private causes, Ferrari chairman Elkann took over as interim CEO.
In a press release issued by Ferrari on Wednesday, it was introduced that Vigna, 52, could be becoming a member of as chief govt officer efficient 1 September.
Vigna at present serves because the president of STMicroelectronics’ Analog, MEMS and Sensor Group, and is a member of the corporate’s govt committee.
Ferrari mentioned that Vigna’s “distinctive data gained over 26 years working on the coronary heart of the semiconductor business that’s quickly reworking the automotive sector” may assist “speed up Ferrari’s potential to pioneer the appliance of subsequent technology applied sciences.”
“We’re delighted to welcome Benedetto Vigna as our new Ferrari CEO,” mentioned Elkann.
“His deep understanding of the applied sciences driving a lot of the change in our business, and his confirmed innovation, business-building and management abilities, will additional strengthen Ferrari and its distinctive story of ardour and efficiency, within the thrilling period forward.”
“It’s a particular honour to be becoming a member of Ferrari as its CEO and I achieve this with an equal sense of pleasure and duty,” mentioned Vigna.
“Pleasure on the nice alternatives which can be there to be captured. And with a profound sense of duty in direction of the extraordinary achievements and capabilities of the women and men of Ferrari, to all the corporate’s stakeholders and to everybody world wide for whom Ferrari is such a novel ardour.”
Vigna joins Ferrari at a time when its Formulation 1 staff is having fun with an upswing in type, having claimed pole place for every of the final two races.
Ferrari at present sits third within the F1 constructors’ championship, two factors away from McLaren.