Former Ferrari boss Amedeo Felisa takes the helm as firm seeks 'a new phase of growth'.
Following months of speculation, Aston Martin has today announced that Tobias Moers will stand down from his role of CEO. After less than two years in charge, he will be replaced by Amedeo Felisa, a Non-Executive Director at the firm who previously spent eight years as CEO of Ferrari. Moers will apparently remain at Aston for three more months to ensure a smooth transition, but he will leave the company board with immediate effect.
Lawrence Stroll, Aston's Executive Chairman and another man unafraid of candidness, moved to acknowledge Moers' achievements while at the firm."Firstly, I would like to extend my thanks and appreciation for all that Tobias has achieved. He joined Aston Martin at a critical time for the Company and brought significant discipline to its operations. The benefit of these actions is clear in the improved operating performance of the Company and in our great new product launches.
Alongside better cohesion, the theme of additional growth is a reoccurring one, and doubtless it will be among Felisa's primary concerns as he steps into Moers' shoes. Aston's quarterly results suggest it is on track to sell 6,600 cars this year, but its share price remains lacklustre and the firm faces a challenge to successfully electrify its product range ahead of 2030.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Pentagon chief Mark Esper says Trump wanted to shoot protestersSCOOP: Former Defense Sec. Mark Esper charges in an upcoming book that Trump said when demonstrators filled the streets around the White House following the death of George Floyd: 'Can't you just shoot them? Just shoot them in the legs or something?'
Read more »
Former Marine from Alabama aiding Ukraine’s fight against RussiaSean Schofield has seen active combat, taken part in missions to escort civilians through combat areas, and been a firsthand participant in Ukraine’s response to Russia’s massive military machine.
Read more »
TJ Siderio shooting: Former Philadelphia police officer charged with murder in 12-year-old's deathThe former Philadelphia police officer who fired the shots that fatally struck 12-year-old TJ Siderio, after he allegedly shot at police, in South Philadelphia has been charged with murder.
Read more »
Former JEA CEO Aaron Zahn sells Jacksonville Beach home for nearly $2.4MThe 7,371-square-foot house was built in 2005 and has six bedrooms and six and a half bathrooms.
Read more »
Biden calls former VP Mondale ‘giant’ of political historyPresident Joe Biden has saluted his “friend of five decades” Walter Mondale, traveling to the University of Minnesota to remember the former vice president and Democratic Party elder whose memorial service was delayed for a year due to the pandemic.
Read more »