Ferrari: Elkann and Vigna confirmed, €2000 in shares for each employee

The shareholders’ meeting of Ferrari confirmed the current top management of the company: John Elkann was re-elected president with 85% of preferences, while CEO Benedetto Vigna was confirmed with 99.6% votes in favour. Also confirmed is the rest of the board formed by Piero Ferrari, Delphine Arnault, Francesca Bellettini, Eduardo Cue, Sergio Duca, John Galantic, Maria Patrizia Grieco, Adam Keswick, and Michelangelo Volpi.

Ferrari: the success of the widespread share ownership plan

The occasion was also useful to take stock of the situation for the Prancing Horse. John Elkann underlined the excellent response obtained from the widespread share ownership plan proposed to employees: “Ferrari’s successes in 2023 can be attributed to the women and men of the Prancing Horse, we must continue to reward their dedication and promote their sense of belonging without equal. With this in mind, earlier this year we launched our widespread share ownership plan, under which all our employees were offered the opportunity to become Ferrari shareholders by receiving one-off shares, free of charge . I’m happy to tell you that 98.7% of our workers in Italy have joined this successful initiativewhich we will extend to all our colleagues globally“. The value of the shares allocated to each employee is approximately 2,000 euros each.

Again from this perspective, Elkann underlined how Ferrari has received certification for the first time Equal Salary at a global level, then recalling the commitment to training young people: “The A. Ferrari technical institute in Maranello, founded by Enzo, maintains a strong bond with the company, which believes in the power of education to create a better future for its employees and the community“.

The “e-building” plant is almost ready

The CEO Benedetto Vigna he instead spoke about the long-awaited new assembly plant that is being built in Maranello and called “e-building”. This new construction will allow Ferrari to expand its offer in the electric car sector: “This state-of-the-art facility will provide us with flexibility and technical capacity beyond our needs for years to come – underlined Vigna – Here we will make batteries and axles for electric cars which will power future Ferraris“. Last week Vigna himself revealed that the first electric model from the Maranello company will be presented in 2025 and launched on the market the following year.