Ferrari Hands New CEO Greater Powers to Aid Electric Push
- Italian company also hands Vigna oversight of more divisions
- Two managers join from CEO’s ex-employer STMicroelectronics
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Ferrari NV is revamping its organizational structure and hiring managers with a technology background as new Chief Executive Officer Benedetto Vigna tries to put the iconic manufacturer on course for electrification.
Several divisions including product development, digital and data and compliance will now report directly to Vigna, Ferrari said Monday. While the carmaker promoted several internal managers, it also hired two executives from Vigna’s former employer STMicroelectronics NV, suggesting the CEO is turning to trusted allies to aid his turnaround.