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Camilleri: I’m not so sure about new ideas
New Ferrari CEO Louis Camilleri has kept himself under the radar since he took over the helm in the wake of Sergio Marchionne's unexpected passing, however, the new chief at Maranello has first acted to pacify shareholders while acknowledging that negotiations with Liberty Media regarding the future of Formula 1 are on track. Camilleri was appointed chief executive of the Italian supercar maker on July 21, succeeding Marchionne who fell seriously ill and later died after suffering complications following a shoulder surgery. The sudden change jolted investors who had expected Marchionne, who nearly tripled Ferrari’s value since taking it public in 2015, to stay on as CEO and chairman...
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7y ago from GrandPrix247.com
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