Directorate Change

RNS Number : 2977U

Aston Martin Lagonda Global Hld PLC

02 December 2021

 

2 December 2021

Aston Martin Lagonda Global Holdings plc

Chief Financial Officer to step down for personal reasons

The Board of Aston Martin Lagonda Global Holdings plc announces that for personal reasons Kenneth Gregor will step down as Chief Financial Officer and as an Executive Director of the company no later than 30 June 2022.  As a result, the Board has initiated a process to appoint a new Chief Financial Officer and will provide an update once that has concluded.

Lawrence Stroll, Executive Chairman of Aston Martin Lagonda, said: "Over the last 18 months Ken has played a significant role in rebuilding Aston Martin Lagonda's financial position and setting the business on a strong pathway for the future. Whilst sad to see him leave the business, I understand Ken's reasons and wish him the very best for the future."

Tobias Moers, Chief Executive Officer of Aston Martin Lagonda, said: "Ken will leave Aston Martin as a friend and we wish him all the best moving forward.  Our sincerest thanks for his tireless efforts as Chief Financial Officer and the contribution he has made to our leadership team. I look forward to working closely with him over the coming months until a successor is appointed."

Ken Gregor, Chief Financial Officer of Aston Martin Lagonda, said: "I am proud of what I have achieved in my time at Aston Martin Lagonda. It has been an honour to play my part in shaping the company's future direction, helping to establish a clear roadmap to profitability and financial sustainability."

In accordance with its statutory obligations, the company will disclose details of Mr. Gregor's exit arrangements on its website and in the directors' remuneration report in due course. 

Enquiries:
Investors and Analysts Charlotte Cowley, Director of Investor Relations	[phone] [e-mail]
Holly Grainger Deputy Head of Investor Relations	[phone] [e-mail]
Media Kevin Watters, Director of Communications	[phone] [e-mail]
Paul Garbett Head of Corporate Brand Communications	[phone] [e-mail]
Grace Barnie, Corporate Communications Manager	[phone] [e-mail]
Tulchan Communications
Simon Pilkington	[phone]

 

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