Auto – Ferrari boss Camilleri resigns with immediate effect

The CEO of the sports car manufacturer Ferrari, Louis Camilleri, gives up his post with the group. The 65-year-old’s withdrawal has “personal reasons”.

Ferrari boss Louis Camilleri has resigned from his post with immediate effect. The 65-year-old is relinquishing the management of the legendary Italian sports car manufacturer “for personal reasons” with immediate effect, Ferrari announced on Thursday evening. John Elkann, president of the Fiat Chrysler group of companies, to which Ferrari belongs, will step in as interim boss.

Camilleri had led Ferrari since 2018. Elkann praised the previous head of the company that he had shown “unlimited passion” for the car brand.

He wished Camilleri “a long and happy retirement”. Camilleri predicted his previous company that “Ferrari’s best years are yet to come”.

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