Ferrari to build a successful future with new CEO

Under new CEO Louis Camilleri, Ferrari is bound to be as successful as it was under his predecessor Sergio Marchionne, the chairman of the Italian supercar maker informed a shareholder meeting to accept 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 stated on Friday.

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

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