Ferrari N.V.

SWX:RACE Stock Report

Market Cap: CHF 68.0b

Ferrari Management

Management criteria checks 2/4

Ferrari's CEO is Benedetto Vigna, appointed in Sep 2021, has a tenure of 3.25 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 CHF4.27M. The average tenure of the management team and the board of directors is 6.4 years and 8.7 years respectively.

Key information

Benedetto Vigna

Chief executive officer

€6.7m

Total compensation

CEO salary percentage22.4%
CEO tenure3.3yrs
CEO ownership0.006%
Management average tenure6.4yrs
Board average tenure8.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Benedetto Vigna's remuneration changed compared to Ferrari's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD6.94M) is above average for companies of similar size in the Swiss market ($USD4.69M).

Compensation vs Earnings: Benedetto's compensation has increased by more than 20% in the past year.

CEO

Benedetto Vigna (55 yo)

3.3yrs

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

NamePositionTenureCompensationOwnership
John Elkann
Executive Chairman8.7yrs€2.39m0.017%
CHF 11.8m
Benedetto Vigna
CEO & Executive Director3.3yrs€6.69m0.0063%
CHF 4.3m
Antonio Piccon
Chief Financial Officer6.4yrsno datano data
Davide Abate
Chief Technologies & Infrastructures Officer2.9yrsno datano data
Nicoletta Russo
Head of Investor Relations9.4yrsno datano data
Carlo Daneo
General Counsel9.4yrsno datano data
Marco Lovati
Chief Internal Auditless than a yearno datano data
Francesca Montini
Chief Communications Officer1.7yrsno datano data
Enrico Galliera
Chief Marketing & Commercial Officer14.7yrsno datano data
Michele Antoniazzi
Chief Human Resources Officer8.7yrsno datano data
Flavio Manzoni
Chief Design Officer14.9yrsno datano data
Andrea Antichi
Chief Manufacturing Officer2.9yrsno datano data

6.4yrs

Average Tenure

55yo

Average Age

Experienced Management: RACE's management team is seasoned and experienced (6.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Elkann
Executive Chairman8.7yrs€2.39m0.017%
CHF 11.8m
Benedetto Vigna
CEO & Executive Director3.3yrs€6.69m0.0063%
CHF 4.3m
John Galantic
Independent Non-Executive Director4.7yrs€83.00k0.000060%
CHF 40.8k
Piero Ferrari
Independent Vice Chairman8.9yrs€86.86k10.55%
CHF 7.2b
Michelangelo Volpi
Independent Non Executive Director1.7yrs€49.51kno data
Sergio Duca
Chairman of the Board & Senior Independent Non-Executive Director8.9yrs€110.67kno data
Delphine Gancia
Independent Non-Executive Director8.7yrs€73.78k0.0016%
CHF 1.1m
Adam Phillip Charles Keswick
Independent Non-Executive Director8.7yrs€69.17k0.0015%
CHF 1.0m
Maria Patrizia Grieco
Independent Non-Executive Director8.7yrs€78.39kno data
Eduardo Cue
Independent Non-Executive Director8.9yrs€78.39k0.0015%
CHF 1.0m
Francesca Bellettini
Independent Non-Executive Director4.7yrs€78.39kno data

8.7yrs

Average Tenure

58yo

Average Age

Experienced Board: RACE's board of directors are considered experienced (8.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 10:29
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Ferrari N.V. is covered by 43 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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