Ferrari Management
Management criteria checks 3/4
Ferrari's CEO is Benedetto Vigna, appointed in Sep 2021, has a tenure of 2.58 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 CHF4.34M. The average tenure of the management team and the board of directors is 5.8 years and 8 years respectively.
Key information
Benedetto Vigna
Chief executive officer
€6.7m
Total compensation
| CEO salary percentage | 22.4% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.006% |
| Management average tenure | 5.8yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD7.16M) is about average for companies of similar size in the Swiss market ($USD7.03M).
Compensation vs Earnings: Benedetto's compensation has increased by more than 20% in the past year.
CEO
Benedetto Vigna (54 yo)
2.6yrs
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 | 8yrs | €2.39m | 0.017% € 12.0m | |
| CEO & Executive Director | 2.6yrs | €6.69m | 0.0063% € 4.3m | |
| Chief Financial Officer | 5.8yrs | no data | no data | |
| Chief Technologies & Infrastructures Officer | 2.3yrs | no data | no data | |
| Head of Investor Relations | 8.8yrs | no data | no data | |
| General Counsel | 8.8yrs | no data | no data | |
| Chief Internal Audit | less than a year | no data | no data | |
| Chief Communications Officer | less than a year | no data | no data | |
| Chief Marketing & Commercial Officer | 14yrs | no data | no data | |
| Chief Human Resources Officer | 8yrs | no data | no data | |
| Chief Design Officer | 14.3yrs | no data | no data | |
| Chief Manufacturing Officer | 2.3yrs | no data | no data |
5.8yrs
Average Tenure
54yo
Average Age
Experienced Management: RACE's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8yrs | €2.39m | 0.017% € 12.0m | |
| CEO & Executive Director | 2.6yrs | €6.69m | 0.0063% € 4.3m | |
| Independent Non-Executive Director | 4yrs | €83.00k | 0.000060% € 41.7k | |
| Independent Vice Chairman | 8.3yrs | €86.86k | 10.49% € 7.3b | |
| Independent Non Executive Director | less than a year | €49.51k | no data | |
| Chairman of the Board & Senior Independent Non-Executive Director | 8.3yrs | €110.67k | no data | |
| Independent Non-Executive Director | 8yrs | €69.17k | 0.0015% € 1.0m | |
| Independent Non-Executive Director | 8yrs | €78.39k | no data | |
| Independent Non-Executive Director | 8.3yrs | €78.39k | 0.0015% € 1.0m | |
| Independent Non-Executive Director | 4yrs | €78.39k | no data | |
| Independent Non-Executive Director | 8yrs | €73.78k | 0.0016% € 1.1m |
8.0yrs
Average Tenure
57yo
Average Age
Experienced Board: RACE's board of directors are considered experienced (8 years average tenure).