Ferrari names new leadership group to tackle electrification, digitalization challenges

MILAN — Ferrari unveiled a new management crew to lead the automaker as it faces the problems of embracing electrification and digitalization.

The organization mentioned Ernesto Lasalandra will be its chief investigate and development officer. Lasalandra has been employed from Franco-Italian chipmaker STMicroelectronics.

Angelo Pesci also joins Ferrari from STMicroelectronics. Pesci will be the automaker’s main paying for and excellent officer.

The leadership shake-up is a person of the initial significant moves of CEO Benedetto Vigna, who took on the purpose at the commencing of September, going to Ferrari from STMicrolectronics.

Choosing two executives from his previous employer implies Vigna is turning to dependable allies to support his turnaround of the automaker that has been sluggish to embrace new period of cleaner, silent and interconnected mobility.

“The new organizational composition will further foster innovation, optimize processes and enhance collaboration both internally and with associates,” Ferrari said claimed in a statement on Monday

In other modifications, Ferrari promoted internal candidates to new roles.

Silvia Gabrielli has been promoted to chief digital and facts officer. Gabrielli, who joined Ferrari in 2019 from Microsoft, will raise “the electronic transformation procedure in the course of the business, guaranteeing far more info pushed and digitally centered processes,” Ferrari reported.

Gianmaria Fulgenzi has been appointed chief solution growth officer. Fulgenzi has labored for Ferrari considering the fact that 2002, holding various senior roles in products progress and manufacturing.

Andrea Antichi gets chief producing officer. Antichi was beforehand head of motor vehicle enhancement and has labored for Ferrari since 2006.

Ferrari very last month explained a few prime executives were being leaving the firm, such as Main Technological innovation Officer Michael Leiters. The other two executives who stepped down ended up chief manufacturing officer Vincenzo Regazzoni and chief brand name diversification Officer Nicola Boari.

Numerous divisions including products growth, digital and facts and compliance will now report straight to Vigna.

Investors are eager to hear about Vigna’s technique for the era of battery technological innovation and electronic products and services. Ferrari strategies to share additional particulars on its programs all through a funds marketplaces day in June.

It will also start off gross sales of its first SUV, the Purosangue, this year.

Reuters and Bloomberg contributed to this report

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BizVibe Highlights Key Challenges Facing the Automotive Parts, Accessories, and Tire Stores Industry

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BizVibe for Buyers and Sellers

BizVibe is a modern B2B platform dedicated to connecting buyers and sellers from around the world. Powered by the latest best-in-class solutions, BizVibe is designed to help companies generate leads, shortlist suppliers, request proposals, and identify global companies. Evaluate companies side-by-side to compare key metrics and initiate productive partnerships.

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