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Camilleri resigns as Ferrari CEO
Ferrari Chief Executive Officer Louis Camilleri has retired citing personal reasons after being in the role for nearly two and a half years and Chairman John Elkann will lead the company on an interim basis, the luxury automaker said on Thursday. Camilleri’s decision to step down came after the executive suffered health problems, which made it necessary to hospitalize him for COVID-19 in recent weeks, a company source said. He is now recovering at home but his illness was not the cause of his decision to retire, the source added. Camilleri also retired as executive chairman of Philip Morris International (PMI), the Marlboro maker said separately. Ferrari’s board is identifying a...
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