Aston Martin chairman Lawrence Stroll has officially denied recent suggestions that he is searching for a replacement for CEO Tobias Moers in the wake of a wave of staff departures and financial results coming in below expectations.
Moers' future at the firm was cast into doubt last month when Aston warned it would miss its earnings target for 2021 by £15 million, chiefly as a result of delays to the Valkyrie hypercar programme.
Join the debate
Add your comment
I mean, he could have put this statement out when the rumours first circulated. That might have addressed any 'confusion'.
Reading between the lines - and the sometimes contradictory statements coming from the company about future product plans - there was definitely some serious turmoil last month.
I mean, he could have put this statement out when the rumours first circulated. That might have addressed any 'confusion'.
Reading between the lines - and the sometimes contradictory statements coming from the company about future product plans - there was definitely some serious turmoil last month.
Low-quality individuals that put Aston Martin in a very difficult position come under pressure to perform or go, they get uncomfortable and resentful, so they spitefully brief the media against the new CEO. And Autocar doesn't see through it and publishes a piece that was clearly driven by resentment rather than fact.