Ferrari Management
Management criteria checks 2/4
Ferrari's CEO is Benedetto Vigna, appointed in Sep 2021, has a tenure of 3.17 years. total yearly compensation is €6.69M, comprised of 22.4% salary and 77.6% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth €4.62M. The average tenure of the management team and the board of directors is 6.3 years and 8.6 years respectively.
Key information
Benedetto Vigna
Chief executive officer
€6.7m
Total compensation
| CEO salary percentage | 22.4% |
| CEO tenure | 3.2yrs |
| CEO ownership | 0.006% |
| Management average tenure | 6.3yrs |
| Board average tenure | 8.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €1b |
| Jun 30 2024 | n/a | n/a | €1b |
| Mar 31 2024 | n/a | n/a | €1b |
| Dec 31 2023 | €7m | €2m | €1b |
| Sep 30 2023 | n/a | n/a | €1b |
| Jun 30 2023 | n/a | n/a | €1b |
| Mar 31 2023 | n/a | n/a | €990m |
| Dec 31 2022 | €5m | €2m | €933m |
| Sep 30 2022 | n/a | n/a | €927m |
| Jun 30 2022 | n/a | n/a | €907m |
| Mar 31 2022 | n/a | n/a | €864m |
| Dec 31 2021 | €6m | €500k | €831m |
Compensation vs Market: Benedetto's total compensation ($USD7.09M) is above average for companies of similar size in the BG market ($USD4.29M).
Compensation vs Earnings: Benedetto's compensation has increased by more than 20% in the past year.
CEO
Benedetto Vigna (55 yo)
3.2yrs
Tenure
€6,692,434
Compensation
Mr. Benedetto Vigna serves as Chief Executive Officer and Executive Director at Ferrari N.V. since April 13, 2022 and also served as Acting Chief Executive Officer since September 16, 2021 until April 13,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.6yrs | €2.39m | 0.017% € 12.8m | |
| CEO & Executive Director | 3.2yrs | €6.69m | 0.0063% € 4.6m | |
| Chief Financial Officer | 6.3yrs | no data | no data | |
| Chief Technologies & Infrastructures Officer | 2.8yrs | no data | no data | |
| Head of Investor Relations | 9.3yrs | no data | no data | |
| General Counsel | 9.3yrs | no data | no data | |
| Chief Internal Audit | less than a year | no data | no data | |
| Chief Communications Officer | 1.6yrs | no data | no data | |
| Chief Marketing & Commercial Officer | 14.6yrs | no data | no data | |
| Chief Human Resources Officer | 8.6yrs | no data | no data | |
| Chief Design Officer | 14.8yrs | no data | no data | |
| Chief Manufacturing Officer | 2.8yrs | no data | no data |
6.3yrs
Average Tenure
55yo
Average Age
Experienced Management: 2FE's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.6yrs | €2.39m | 0.017% € 12.8m | |
| CEO & Executive Director | 3.2yrs | €6.69m | 0.0063% € 4.6m | |
| Independent Non-Executive Director | 4.6yrs | €83.00k | 0.000060% € 44.2k | |
| Independent Vice Chairman | 8.8yrs | €86.86k | 10.55% € 7.8b | |
| Independent Non Executive Director | 1.6yrs | €49.51k | no data | |
| Chairman of the Board & Senior Independent Non-Executive Director | 8.8yrs | €110.67k | no data | |
| Independent Non-Executive Director | 8.6yrs | €73.78k | 0.0016% € 1.1m | |
| Independent Non-Executive Director | 8.6yrs | €69.17k | 0.0015% € 1.1m | |
| Independent Non-Executive Director | 8.6yrs | €78.39k | no data | |
| Independent Non-Executive Director | 8.8yrs | €78.39k | 0.0015% € 1.1m | |
| Independent Non-Executive Director | 4.6yrs | €78.39k | no data |
8.6yrs
Average Tenure
58yo
Average Age
Experienced Board: 2FE's board of directors are considered experienced (8.6 years average tenure).