Apple CFO Luca Maestri, Jony Ive mentioned as possible Ferrari CEO candidates

Just as Italian luxury carmaker Ferrari is rolling out new hybrid models and getting ready for its first ever SUV, the company is facing a fresh challenge of finding a new CEO of the same standing as Louis Camilleri on Friday.

Reuters:

Jonathan Ive
Jonathan Ive
Chief Executive Officer Louis Camilleri, 65, retired with immediate effect citing personal reasons late on Thursday, after being in the role for nearly two and a half years.

Chairman John Elkann, the scion of Italy’s Agnelli family, will lead the company on an interim basis while a permanent successor is found.

It was not long before names of possible candidates emerged.

A spokesman for F1 dismissed rumors that the former head of Ferrari’s racing team and ex-Lamborghini chief Stefano Domenicali could take Camilleri’s role, saying he was looking forward to starting his new job as F1 CEO on Jan. 1 as planned. A source close to former Vodafone CEO Vittorio Colao also said media reports about him as a candidate for Ferrari’s top job were groundless.

Besides Domenicali and Colao, Italian media cited other names including Apple CFO Luca Maestri and Apple former Chief Design Officer Jonathan Paul Ive as possible candidates.

Like Camilleri, who had years of experience in the tobacco and food industries before taking the helm at Ferrari, a new CEO need not necessarily be an automotive expert.

MacDailyNews Take: Surely, many names will be bounced around for such a high-profile CEO position. We’ll have to wait and see what comes of it. Surely, Apple would rather keep Maestri as CFO than lose him.

12 Comments

  1. Supercapacitors . . . new technology will definitely be a key component of future race cars. At the same time, you need someone who understandings “racing” and the Ferrari aesthetic . . . It reminds me of when Steve Jobs talked about how the “marketing people” often take over Fortune 500 companies (e.g. Steve Balmer at Microsoft), and the product people, the engineers, get pushed into a secondary role, and companies forget how to make the great products that initially propelled them to success . . . keeping that in mind, Ferrari needs a CEO who understands the product and how to take it to the next level.

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  2. Jony likes Astons. But you know who does like Ferraris, who would jump to head Ferrari, and who I’d love to leave Apple? Eddy Cue! Let’s start a campaign to get Eddy hired as CEO of Ferrari.

  3. Jony Ive makes little sense. He’s not a CEO type of guy. He doesn’t want to bother himself with the financials, the sales figures, logistics, the internal politics, etc. He’s a pure designer/artist and always wanted it that way.

    Luca Maestri makes more sense, but I doubt he would want it either. It would be a big step downward, to leave CFO at Apple, the most valuable company on the planet and one of the most influential and important, to take over Ferrari, a very niche company. I bet Apple pays him far more than Ferrari can offer, when taking into account stock options and bonuses. Taking over Ferrari would be something to do after retiring from Apple, more for the fun of it.

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