PR Newswire
MARANELLO, Italy, May 2, 2016
MARANELLO, Italy, May 2, 2016 /PRNewswire/ -- Ferrari N.V.
("Ferrari" or "Company") (NYSE/MTA: RACE) announces the retirement of its Chief Executive Officer, Mr. Amedeo Felisa, after 26 years of dedicated service. Mr. Sergio Marchionne will
assume those responsibilities while retaining his current role as Chairman of the Company. Mr. Felisa will continue to serve on
the Board of Directors of Ferrari with a specific mandate as technical advisor to the Company.
Sergio Marchionne had this to say: "I have known Amedeo for more than a decade and I have had
the opportunity to work with him closely for the last two years. He is beyond any doubt one of the best automotive engineers in
the world. During the last 26 years, he has worked tirelessly to fuel and guide Ferrari's technical development, producing an
array of cars which have set the standard for both performance and styling."
The Board of Directors wants to officially express its gratitude to Amedeo for his contributions and is delighted to be able
to count on his services as technical advisor to the leadership team going forward.
These executive changes are effective immediately.
www.ferrari.com
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SOURCE Ferrari NV