Ferrari N.V. announces the appointment of Benedetto Vigna as the Chief Executive Officer. Mr. Vigna will join Ferrari on 1 September from STMicroelectronics (“ST”), where he is currently President of its Analog, MEMS (Micro-electromechanical Systems) and Sensors Group, ST’s largest and most profitable operating business in 2020. He is also a Member of the ST Group’s Executive Committee. Commenting on the appointment, John Elkann, Chairman of Ferrari said: “We’re delighted to welcome Benedetto Vigna as our new Ferrari CEO. His deep understanding of the technologies driving much of the change in our industry, and his proven innovation, business-building and leadership skills, will further strengthen Ferrari and its unique story of passion and performance, in the exciting era ahead.