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Ferrari marketing boss quits weeks after EV launch backlash

Ferrari marketing boss quits weeks after EV launch backlash

Summary

Ferrari's marketing chief, Enrico Galliera, is leaving the company after 16 years. His departure comes a few weeks after the launch of Ferrari's first all-electric car, the Luce, which received strong public criticism.

Key Facts

  • Enrico Galliera served as Ferrari's chief marketing and commercial officer since 2010.
  • Galliera will be replaced by Massimiliano Di Silvestre, former BMW Italy head, starting in July.
  • Ferrari thanked Galliera and said he decided to pursue a new career path, a choice agreed with the company.
  • The Ferrari Luce, the brand’s first fully electric car, was unveiled in May and faced heavy criticism.
  • The Luce was designed by Sir Jony Ive, known for designing the iPhone.
  • The car’s appearance was criticized by notable figures, including Italy’s deputy prime minister Matteo Salvini.
  • After the Luce’s launch, Ferrari’s shares dropped by 8% in one day.
  • Galliera helped manage Ferrari’s customer selection process and was involved in major company events like launching the LaFerrari hybrid and Ferrari’s stock listings.
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