Ferrari Management

Management criteria checks 2/4

Ferrari's CEO is Benedetto Vigna, appointed in Sep 2021, has a tenure of 3.08 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 €4.75M. The average tenure of the management team and the board of directors is 6.3 years and 8.5 years respectively.

Key information

Benedetto Vigna

Chief executive officer

€6.7m

Total compensation

CEO salary percentage22.4%
CEO tenure3.1yrs
CEO ownership0.006%
Management average tenure6.3yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Benedetto Vigna's remuneration changed compared to Ferrari's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD7.32M) is above average for companies of similar size in the Italian market ($USD3.52M).

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


CEO

Benedetto Vigna (55 yo)

3.1yrs

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 Chairman8.5yrs€2.39m0.017%
€ 13.1m
Benedetto Vigna
CEO & Executive Director3.1yrs€6.69m0.0063%
€ 4.7m
Antonio Piccon
Chief Financial Officer6.3yrsno datano data
Davide Abate
Chief Technologies & Infrastructures Officer2.8yrsno datano data
Nicoletta Russo
Head of Investor Relations9.3yrsno datano data
Carlo Daneo
General Counsel9.3yrsno datano data
Marco Lovati
Chief Internal Auditless than a yearno datano data
Francesca Montini
Chief Communications Officer1.5yrsno datano data
Enrico Galliera
Chief Marketing & Commercial Officer14.5yrsno datano data
Michele Antoniazzi
Chief Human Resources Officer8.5yrsno datano data
Flavio Manzoni
Chief Design Officer14.8yrsno datano data
Andrea Antichi
Chief Manufacturing Officer2.8yrsno datano data

6.3yrs

Average Tenure

55yo

Average Age

Experienced Management: RACE's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Elkann
Executive Chairman8.5yrs€2.39m0.017%
€ 13.1m
Benedetto Vigna
CEO & Executive Director3.1yrs€6.69m0.0063%
€ 4.7m
John Galantic
Independent Non-Executive Director4.5yrs€83.00k0.000060%
€ 45.4k
Piero Ferrari
Independent Vice Chairman8.8yrs€86.86k10.53%
€ 8.0b
Michelangelo Volpi
Independent Non Executive Director1.5yrs€49.51kno data
Sergio Duca
Chairman of the Board & Senior Independent Non-Executive Director8.8yrs€110.67kno data
Delphine Gancia
Independent Non-Executive Director8.5yrs€73.78k0.0016%
€ 1.2m
Adam Phillip Charles Keswick
Independent Non-Executive Director8.5yrs€69.17k0.0015%
€ 1.1m
Maria Patrizia Grieco
Independent Non-Executive Director8.5yrs€78.39kno data
Eduardo Cue
Independent Non-Executive Director8.8yrs€78.39k0.0015%
€ 1.1m
Francesca Bellettini
Independent Non-Executive Director4.5yrs€78.39kno data

8.5yrs

Average Tenure

58yo

Average Age

Experienced Board: RACE's board of directors are considered experienced (8.5 years average tenure).