FERRARI: FERRARI ANNOUNCEMENT
July 21 2018 - 12:39PM
The Board of Directors of Ferrari
NV ("Ferrari") (NYSE/MTA: RACE) learned with deep sadness during
its meeting today that Chairman and CEO Sergio Marchionne will be
unable to return to work.
The Board's thoughts are with
Sergio Marchionne and his family and it is grateful for the
extraordinary contribution he has made in recent years at the helm
of Ferrari.
The Board has named John Elkann as
Chairman and will propose to Shareholders, at a meeting to be
called in the coming days, that Louis C. Camilleri be named as
CEO.
The Board has also given Louis C.
Camilleri the necessary powers to ensure continuity of the
company's operation.
The press release is available in
the Corporate Section of Ferrari.com
FNV_21.07.2018 (eng)
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: FERRARI via Globenewswire
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