Louis C. Camilleri
{{Short description|American businessman (born 1955)}}
{{Infobox person
| name = Louis Carey Camilleri
| image =
| image_size =
| birth_name = Louis Carey Camilleri
| birth_date = {{birth date and age|df=yes|1955|1|13}}
| birth_place = Alexandria, Egypt
| title = CEO of Ferrari N.V.
Chairman of Philip Morris International
| alma_mater = University of Lausanne (B.B.A.)
| spouse = Marjolyn Camilleri (div. 2004)
| signature = Louis C. Camilleri signature.png
}}
Louis Carey Camilleri (born 13 January 1955){{Cite web |date=2002-04-29 |title=Resume: Louis C. Camilleri |url=http://www.businessweek.com/magazine/content/02_17/b3780097.htm |url-status=dead |archive-url=https://web.archive.org/web/20020621123230/http://www.businessweek.com/magazine/content/02_17/b3780097.htm |archive-date=June 21, 2002 |access-date=2023-11-11 |website=BusinessWeek online}} is the former CEO of Ferrari and former chairman of Philip Morris International.{{Cite web |date=2020-12-10 |title=Ferrari, Louis Camilleri si dimette da amministratore delegato. L'interim al presidente esecutivo Elkann. Si cerca il successore |url=https://www.repubblica.it/economia/finanza/2020/12/10/news/ferrari-277849541/ |access-date=2022-07-01 |website=la Repubblica |language=it}} He resigned from both positions with immediate effect on 10 December 2020, citing personal reasons.
Career
=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.{{Cite web|url=http://corporate.ferrari.com/en/ferrari-announcement|title=Ferrari Announcement|date=21 July 2018}}{{Cite web|url=https://www.foxbusiness.com/markets/the-latest-ferrari-board-picks-louis-camilleri-as-new-ceo|title = The Latest: New FCA chief Manley had been seen as a star|website = Fox Business|date = 21 July 2018}} Since starting work with Ferrari, the brand's Formula One team adopted the Mission Winnow monicker.{{Cite web |url=https://www.ferrari.com/en-EN/formula1/partners/mission-winnow |title=Mission Winnow title partner - Ferrari.com |access-date=2020-05-12 |archive-date=2020-05-14 |archive-url=https://web.archive.org/web/20200514111425/https://www.ferrari.com/en-EN/formula1/partners/mission-winnow |url-status=dead }}
Personal life
Camilleri was born in Egypt, to Maltese parents.{{Cite web |title=Louis Camilleri: A courageous pioneer of PMI's smoke-free evolution |url=https://www.pmi.com/our-transformation/louis-camilleri-a-courageous-pioneer-of-pmi-s-smoke-free-evolution |access-date=2022-09-01 |website=www.pmi.com |language=en}}
Divorced since 2004, Camilleri is the father of three. He speaks fluent English, French, Italian, Arabic, and Maltese as well as some German.{{cite news|last1=Owoseje|first1=Toyin|title=Who is Louis C Camilleri, Naomi Campbell's new tobacco tycoon millionaire boyfriend?|url=http://www.ibtimes.co.uk/who-louis-c-camilleri-naomi-campbells-new-tobacco-tycoon-millionaire-boyfriend-1630030|newspaper=International Business Times|access-date=11 February 2018}}
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.{{cite news | url=http://theglobeopinion.com/compensation/louis-c-camilleri | title=Louis C. Camilleri's Compensation in 2008 | publisher=The Globe Opinion | access-date=17 May 2009 | archive-url=https://web.archive.org/web/20090505175208/http://www.theglobeopinion.com/compensation/louis-c-camilleri | archive-date=5 May 2009 | url-status=dead }}
References
External links
- [https://web.archive.org/web/20020621123230/http://www.businessweek.com/magazine/content/02_17/b3780097.htm Resume: Louis C. Camilleri] at BusinessWeek online
- [https://www.forbes.com/lists/2006/12/IG4B.html CEO Compensation] at Forbes.
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Category:American chief executives of manufacturing companies
Category:University of Lausanne alumni
Category:Egyptian emigrants to the United States
Category:American people of Maltese descent
Category:Egyptian expatriates in Switzerland
Category:American chief executives in the automobile industry