Gucci chief executive officer Marco Bizzarri has said that reports he will be replacing Louis Camilleri as the CEO of Ferrari are “just gossip”.
Bizzarri added that he considers Ferrari to be a “mythical brand” and joked that the swirling rumours have made him regret not having pursued a career as a racing driver.
“For those who, like me, were born and still live near Maranello, Ferrari is a mythical brand, but I’m already at the helm of an Italian legend, Gucci, which this year celebrates its centenary with its next 100 years ahead of it,” Bizzarri told WWD on Friday.
“It makes me smile to read headlines like ‘Bizzarri at the wheel of Ferrari,’ but if anything, they make me regret not having pursued a career as a racing driver! The rest is just gossip,” the Gucci CEO added.
Louis Camilleri stepped down as Ferrari CEO in December and the Italian car-maker is yet to appoint a permanent replacement.
Stefano Sassi, ex-CEO of the Valentino fashion group, and Hans GS Hoegstedt, CEO of Tom Dixon, are just some of the other executives reportedly being considered by Ferrari as Camilleri’s replacement.
Earlier this month, a source told Bloomberg that it could be months before a replacement is picked and announced.
Meanwhile, a Ferrari spokesperson declined to shed light on who they are considering and when we can expect a replacement to be announced.