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Ferrari to build a future as good as its past with new CEO - Chairman

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Ferrari to build a future as good as its past with new CEO - Chairman
FILE PHOTO: The Ferrari logo on the wheel of a car at a dealership in Singapore June 1, 2017. REUTERS/Thomas White   -   Copyright  Thomas White(Reuters)
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AMSTERDAM (Reuters) – Under new CEO Louis Camilleri, Ferrari <RACE.MI> is determined to be as successful as it was under his predecessor Sergio Marchionne, the chairman of the Italian supercar maker told a shareholder meeting to approve Camilleri’s appointment.

“Sergio Marchionne strengthened the foundations of Ferrari, now we can build on that for the future, which will be a bright future,” John Elkann said on Friday.

“Under the leadership of Camilleri, Ferrari is determined to build a future that is as good as its past,” he added.

Camilleri’s appointment won the backing of 98 percent in a shareholder vote.

(Reporting by Bart Meijer; Writing by Francesca Landini; Editing by Mark Potter)

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