(Alliance News) - Aston Martin Lagonda Global Holdings PLC on Wednesday will announce the immediate departure of its chief executive, the Financial Times reported on Tuesday, citing "two people inside the carmaker".
Tobias Moers, who has been in the role for just under two years, will be replaced by Amedeo Felisa, who already is a non-executive director of Aston Martin and is the former chief executive of Italian sports car maker Ferrari NV.
The departure of Moers, who the newspaper said has caused friction in Aston Martin with his management style, will be announced alongside Aston Martin's first quarter results, the FT said.
https://www.ft.com/content/23f86720-8209-40b3-8e82-04c707de9c33
Felisa was CEO of Ferrari from 2008 and 2016. He joined the Aston Martin board last summer.
Moers was brought into Aston Martin by Executive Chair Lawrence Stroll, having been CEO of the AMG sports car arm of Mercedes Benz AG.
The Warwick-based luxury carmaker also has a new chief financial officer. Doug Lafferty joined at the start of this month, replacing Kenneth Gregor. Lafferty had been CFO of Vivo Energy PLC.
By Tom Waite; thomaslwaite@alliancenews.com
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