BREAKING: Ferrari has to look for a new CEO after Camilleri resigns

It is yet another change at the top of Ferrari, which has already seen several CEOs, chairmen and team bosses pass by in the past year. Camilleri, as Sergio Marchionne's successor, was not long in Ferrari's reign either, but after two years he has already left the Italians.

Another change at Ferrari

However, Louis is not stopping because he has been dismissed, but for personal reasons.

"Ferrari has been an important part of my life and it was a great honour for me to take on the role of CEO. I am proud of the performance of the team since 2018 and know that the best years of Ferrari are yet to come,'' Louis said in the statement.

According to Ferrari, Camilleri has also been struggling with the coronavirus in recent weeks. The CEO was hospitalised but was not in a life-threatening situation. However, that whole situation may have caused him to resign now. The CEO, John Elkann, will take over from Camilleri until a suitable successor is found.

Louis Camilleri ha comunicato la sua decisione di rassegnare le sue dimissioni con effetto immediato dal ruolo di AD della Ferrari per motivi personali. John Elkann, assumerà la carica di AD ad interim #Ferrari pic.twitter.com/8sTQ3dF76G

— Gianluca D'Alessandro (@Gianludale27) December 10, 2020

Camilleri's decision to step down came after he suffered health problems, which made it necessary to hospitalize him for COVID-19 in recent weeks, a company source said.
He is recovering at home but his illness was not the cause of his decision to retire.

— Alan Baldwin (@alanbaldwinf1) December 11, 2020