Breakingviews - Aston Martin’s new driver faces a wild race

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Breakingviews - Aston Martin’s new driver faces a wild race
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Luxury carmaker Aston Martin Lagonda is now on its third chief executive since listing just over three years ago, and its second since billionaire Lawrence Stroll led a rescue recapitalisation in 2020. Former Mercedes executive Tobias Moers is being replaced by 75-year-old Amedeo Felisa in the hotseat of James Bond’s favourite carmaker. He was CEO of Ferrari until 2016, and sat on the 1.1 billion pound group’s board as a non-exec.

An Aston Martin logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019.

Pierre Albouy/File Photois now on its third chief executive since listing just over three years ago, and its second since billionaire Lawrence Stroll led a rescue recapitalisation in 2020. Former Mercedes executive Tobias Moers is being replaced by 75-year-old Amedeo Felisa in the hotseat of James Bond’s favourite carmaker. He was CEO of FerrariFelisa takes the wheel at an important moment. Under Moers, the group cut costs and launched new brands such as the DBX707.

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