Louis C. Camilleri

Louis Carey Camilleri (born 13 January 1955) is the former CEO of Ferrari and chairman of Philip Morris International. He resigned from both positions with immediate effect on 10 December 2020, citing personal reasons.

Louis Carey Camilleri
Born
Louis Carey Camilleri

(1955-01-13) 13 January 1955
Alexandria, Egypt
Alma materUniversity of Lausanne (B.B.A.)
TitleCEO of Ferrari N.V.
Chairman of Philip Morris International
Spouse(s)Marjolyn Camilleri (div. 2004)
Signature

Education

Camilleri was born in Alexandria to a Maltese family which lived in Cairo. He received a degree in economics and business administration from HEC Lausanne, the Faculty of Business & Economics of the University of Lausanne (Switzerland).[1]

Philip Morris International

After working as a business analyst with W. R. Grace and Company, in Lausanne, Camilleri joined Philip Morris Europe in 1978 as a business development analyst. He held various positions of increasing authority involving the cigarette business in Europe and the Middle East. In December 1995, he was appointed President and Chief Executive Officer of Kraft Foods. In November 1996 he was named senior vice president and chief financial officer of Philip Morris.

In April 2002 Camilleri became CEO of Philip Morris, now Altria Group. In early 2007 Camilleri became CEO of Philip Morris International when the tobacco company spun off from Altria Group.

Ferrari

In July 2018 Camilleri was named CEO of Ferrari, replacing Sergio Marchionne.[2][3] Since starting work with Ferrari, the brand's Formula One team adopted the Mission Winnow monicker.[4]

Compensation

In 2008, Camilleri earned a total compensation of $32,028,923, which included a salary of $1,567,308, stock awards of $14,151,629, and non-equity incentive plan compensation of $9,450,000. His total compensation increased by 33.2% compared to the year before.[5]

Personal life

Divorced since 2004, Camilleri is the father of three. He speaks fluent English, French, Italian, Arabic and Maltese as well as some German.[6]

References
  1. "Stocks". Bloomberg.com. Retrieved 2018-07-16.
  4. https://www.ferrari.com/en-EN/formula1/partners/mission-winnow
  5. "Louis C. Camilleri's Compensation in 2008". The Globe Opinion. Archived from the original on 5 May 2009. Retrieved 17 May 2009.
  6. Owoseje, Toyin. "Who is Louis C Camilleri, Naomi Campbell's new tobacco tycoon millionaire boyfriend?". International Business Times. Retrieved 11 February 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.