Ferrari N.V.

BRSE:RACE Stock Report

Market Cap: CHF 68.3b

Ferrari Management

Management criteria checks 3/4

Ferrari's CEO is Benedetto Vigna, appointed in Sep 2021, has a tenure of 3.5 years. total yearly compensation is €7.98M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth CHF11.58M. The average tenure of the management team and the board of directors is 6.7 years and 8.9 years respectively.

Key information

Benedetto Vigna

Chief executive officer

€8.0m

Total compensation

CEO salary percentage18.8%
CEO tenure3.5yrs
CEO ownership0.02%
Management average tenure6.7yrs
Board average tenure8.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Benedetto Vigna's remuneration changed compared to Ferrari's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024€8m€2m

€2b

Sep 30 2024n/an/a

€1b

Jun 30 2024n/an/a

€1b

Mar 31 2024n/an/a

€1b

Dec 31 2023€7m€2m

€1b

Sep 30 2023n/an/a

€1b

Jun 30 2023n/an/a

€1b

Mar 31 2023n/an/a

€990m

Dec 31 2022€5m€2m

€933m

Sep 30 2022n/an/a

€927m

Jun 30 2022n/an/a

€907m

Mar 31 2022n/an/a

€864m

Dec 31 2021€6m€500k

€831m

Compensation vs Market: Benedetto's total compensation ($USD8.64M) is above average for companies of similar size in the Swiss market ($USD5.35M).

Compensation vs Earnings: Benedetto's compensation has been consistent with company performance over the past year.

CEO

Benedetto Vigna (55 yo)

3.5yrs

Tenure

€7,983,034

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

NamePositionTenureCompensationOwnership
John Elkann
Executive Chairman8.9yrs€2.61m0.019%
CHF 13.3m
Benedetto Vigna
CEO & Executive Director3.5yrs€7.98m0.017%
CHF 11.6m
Antonio Piccon
Chief Financial Officer6.7yrsno datano data
Davide Abate
Chief Technologies & Infrastructures Officer3.2yrsno datano data
Nicoletta Russo
Head of Investor Relations9.7yrsno datano data
Carlo Daneo
General Counsel9.7yrsno datano data
Marco Lovati
Chief Internal Audit1.3yrsno datano data
Francesca Montini
Chief Communications Officer1.9yrsno datano data
Enrico Galliera
Chief Marketing & Commercial Officer14.9yrsno datano data
Michele Antoniazzi
Chief Human Resources Officer8.9yrsno datano data
Flavio Manzoni
Chief Design Officer15.2yrsno datano data
Andrea Antichi
Chief Manufacturing Officer3.2yrsno datano data

6.7yrs

Average Tenure

55yo

Average Age

Experienced Management: RACE's management team is seasoned and experienced (6.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Elkann
Executive Chairman8.9yrs€2.61m0.019%
CHF 13.3m
Benedetto Vigna
CEO & Executive Director3.5yrs€7.98m0.017%
CHF 11.6m
John Galantic
Independent Non-Executive Director4.9yrs€83.58k0.000060%
CHF 41.0k
Piero Ferrari
Independent Vice Chairman9.2yrs€94.46k10.6%
CHF 7.2b
Michelangelo Volpi
Independent Non Executive Director1.9yrs€69.65kno data
Sergio Duca
Chairman of the Board & Senior Independent Non-Executive Director9.2yrs€111.45kno data
Delphine Gancia
Independent Non-Executive Director8.9yrs€74.30k0.0016%
CHF 1.1m
Adam Phillip Charles Keswick
Independent Non-Executive Director8.9yrs€69.65k0.0015%
CHF 1.0m
Maria Patrizia Grieco
Independent Non-Executive Director8.9yrs€78.94kno data
Eduardo Cue
Independent Non-Executive Director9.2yrs€78.94k0.0015%
CHF 1.0m
Francesca Bellettini
Independent Non-Executive Director4.9yrs€78.94kno data

8.9yrs

Average Tenure

58yo

Average Age

Experienced Board: RACE's board of directors are considered experienced (8.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/29 05:35
End of Day Share Price 2025/03/17 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ferrari N.V. is covered by 39 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gabriele GambarovaBanca Akros S.p.A. (ESN)
Carmen NovelBanca Akros S.p.A. (ESN)
Henning CosmanBarclays