Vigna was appointed president of the Analog, MEMS and Sensors division in January 2016. It generated revenue of $3.89 billion in 2020 with an operating margin of 20.8 percent.
Vigna and his team were among pioneers of the “three axis gyroscope” that debuted in the Apple iPhone 4, which allows the screen to adapt to portrait or landscape format as users turned the handset. This sensor technology is now used in all mobile phones as well as for ADAS (advanced driver-assistance systems) navigation and active safety in cars.
At Ferrari, Vigna is taking over at a company that has been slow in committing to battery-operated automotive applications, a stance increasingly complicated by tightening regulations on emissions.
While the Maranello, Italy-based manufacturer debuted a plug-in hybrid in 2019, Elkann only recently outlined plans for a full-electric model for 2025.
Bloomberg contributed to this report