Written By: Ehtesham Arif
Aston Martin, a renowned luxury carmaker, is in search of a new CEO. The move follows challenges and changes in leadership, signaling a pivotal moment for the brand.
Aston Martin is actively reaching out to current and former heads of automakers to fill the CEO position. The search reflects the company's commitment to securing top talent.
Amedeo Felisa, the current CEO, is set to be succeeded after assuming the role in May 2022. The transition marks a significant change in leadership direction for Aston Martin.
Aston Martin has faced various challenges under Felisa's leadership, including supply chain disruptions and production issues.
Aston Martin's shares have experienced a decline of approximately 42% since Felisa took office. Factors such as supply chain disruptions and global events have contributed to this downturn.
Production setbacks, particularly with the new DB12 sports car, have prompted Aston Martin to revise its volume outlook for 2023.
As Aston Martin seeks a new CEO, the company aims to navigate its challenges and drive forward with renewed leadership.