Ferrari appoints Apple exec Eddie Cue as board member image

Ferrari has announced it appointed Apple executive Eddie Cue as a member of its board of directors.

Ferrari’s move may be a sign that Apple is interested in making devices for users’ vehicles. Eddie Cue is Apple’s Senior Vice President Internet Software and Services and oversees Apple’s content stores including the iTunes Store, the revolutionary App Store and the iBookstore, as well as Siri, Maps, iAd and Apple’s innovative iCloud services.

He is a 23-year Apple veteran and played a major role in creating the Apple online store in 1998, the iTunes Music Store in 2003 and the App Store in 2008.  He earned a bachelor’s degree in Computer Science and Economics at Duke University.

“I am delighted that Eddy Cue, one of the main driving forces behind Apple’s range of revolutionary products, has now joined our board. His huge experience in the dynamic, innovative world of the Internet will be of great assistance to us,” said Ferrari’s chairman Luca di Montezemolo.

“I am pleased and proud to become a member of the board. I have personally dreamed of owning a Ferrari since I was 8 years old and have been lucky to be an owner for the past 5 years. I continue to be awed by the world-class design and engineering that only Ferrari can do,” said Eddy Cue, commenting on his nomination to the board.