Ferrari revealed intentions to restructure its leadership structure on Monday, in one of new CEO Benedetto Vigna's first big measures and stated three top executives will depart the firm.

Chief Technology Officer Michael Leiters is among those who have decided to depart, according to the automaker.

It stated the proposed reorganization was in line with Ferrari's "strategic goals of exclusivity, excellence, and sustainability" which will be revealed in detail on Jan. 10.

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Vigna, an industry veteran, assumed the post of CEO in early September, with the mission of leading Ferrari into the new era of electrification.

The company claims that the new management structure would "further foster innovation, optimize processes and increase collaboration both internally and with partners"

Leiters, a German national who joined Ferrari in 2014, has worked on some of the company's most successful recent models, including the SF90 Stradale for 2019 and the 296 GTB for this year, the company's first two hybrid electric cars.

Chief Manufacturing Officer Vincenzo Regazzoni and Chief Brand Diversification Officer Nicola Boari, who led Ferrari's push into luxury with the launch of its first in-house fashion collection in June, are also leaving the firm.

Ferrari claimed that key people in the new organizational framework have already been identified through internal promotions and new hiring, and will begin working for the company next month.