Louis C. Camilleri
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Louis Carey Camilleri | |
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Born | Louis Carey Camilleri 13 January 1955 Alexandria, Egypt |
Alma mater | University of Lausanne (B.B.A.) |
Title | CEO of Ferrari N.V. Chairman of Philip Morris International |
Spouse(s) | Marjolyn Camilleri (div. 2004) |
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Louis Carey Camilleri (born 13 January 1955)[citation needed] 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.
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[]
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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[]
- ^ "Stocks". Bloomberg.com. Retrieved 2018-07-16.[dead link]
- ^ "Ferrari Announcement". 21 July 2018.
- ^ "The Latest: New FCA chief Manley had been seen as a star". Fox Business. 21 July 2018.
- ^ https://www.ferrari.com/en-EN/formula1/partners/mission-winnow
- ^ "Louis C. Camilleri's Compensation in 2008". The Globe Opinion. Archived from the original on 5 May 2009. Retrieved 17 May 2009.
- ^ Owoseje, Toyin. "Who is Louis C Camilleri, Naomi Campbell's new tobacco tycoon millionaire boyfriend?". International Business Times. Retrieved 11 February 2018.
External links[]
- Resume: Louis C. Camilleri at BusinessWeek online
- CEO Compensation at Forbes.
- 1955 births
- Altria Group
- American chief executives
- Living people
- University of Lausanne alumni
- Egyptian emigrants to the United States
- American people of Maltese descent
- Ferrari people
- Formula One people
- Expatriates in Switzerland
- Automotive businesspeople