Ferrari's Management Shuffle Shows That It's Finally Preparing for the EV Future
Ferrari (NYSE: RACE) on Monday announced a revamped management team as its new CEO prepares to lead the iconic supercar company into a new era of electrified, connected vehicles.
CEO Benedetto Vigna joined Ferrari from Swiss semiconductor maker STMicroelectronics (NYSE: STM) in September with a mandate to lead the company through that tech-driven transformation.
That would be a difficult transition for any company, but it could be especially difficult for Ferrari. Here's what the company said about Monday's moves, and what they're likely to mean for investors.
Source Fool.com
