Chairman John Elkann will take over until a successor is named, Ferrari said in a statement late Thursday.
Camilleri, who took over as CEO in 2018 following the death of longtime CEO Sergio Marchionne, is also stepping down as chairman of Phillip Morris International, one of Ferrari’s main sponsors. A person familiar with the matter said Camilleri had been stricken with COVID-19 and was convalescing at home after being hospitalized.
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