Ferrari has appointed Italian tech executive Benedetto Bigna as its new CEO, filling a six-month vacancy at the helm of the automotive manufacturer following the departure at the end of last year of former chief executive Louis Camilleri.
Vigna will join Ferrari on September 1 from STMicroelectronics where the 52-year-old Italian currently leads the Franco-Italian chip maker's Analog, MEMS and Sensors Group.
"We’re delighted to welcome Benedetto Vigna as our new Ferrari CEO, " commented Ferrari Chairman and interim CEO John Elkann.
"His deep understanding of the technologies driving much of the change in our industry, and his proven innovation, business-building and leadership skills, will further strengthen Ferrari and its unique story of passion and performance, in the exciting era ahead."
As the automotive industry undergoes a significant paradigm shift with a move towards electrification, Ferrari stated that Vigna's unique knowledge gained over 26 years working at the heart of the semiconductor industry will "accelerate Ferrari’s ability to pioneer the application of next generation technologies".
Benedetto Vigna commented: "It’s a special honour to be joining Ferrari as its CEO and I do so with an equal sense of excitement and responsibility.
"Excitement at the great opportunities that are there to be captured. And with a profound sense of responsibility towards the extraordinary achievements and capabilities of the men and women of Ferrari, to all the company’s stakeholders and to everyone around the world for whom Ferrari is such a unique passion."