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)