Hyperdrive
Ferrari Faces New Leadership Crisis After CEO Abruptly Resigns
- Board said to meet next week to discuss search for successor
- Chairman John Elkann is stepping in as interim CEO for now
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Ferrari NV has started to search for a new chief executive officer to resolve its second leadership crisis in as many years after Louis Camilleri abruptly resigned, complicating the Italian supercar maker’s transition toward electric mobility.
Ferrari has scheduled a board meeting next week to discuss the replacement process, according to people familiar with the matter. Chairman John Elkann will for now take the role on an interim basis. He has to find a new leader just 30 months after picking Camilleri to succeed Sergio Marchionne, who died in July 2018 from complications after a surgery.