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Ferrari Appoints STMicroelectronics Exec as New CEO

TheMotleyFool

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Ferrari Appoints STMicroelectronics Exec as New CEOPhoto, wide shot, wide-angle lens, Clothing manufacturer, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/4c710447-f68a-47bc-a682-c2d83e801596.png

The future of automobiles is in technology, and Ferrari (NYSE: RACE) made that point clear today when it announced it was appointing Benedetto Vigna as CEO of the luxury sports car company.

Vigna will leave his position as president of STMicroelectronics' (NYSE: STM) analog, micro-electromechanical systems, and sensors division. He will assume the new role Sept. 1.

The Ferrari SF90 Stradale plug-in hybrid. Image source: Ferrari.

Source Fool.com

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