Aston Martin is looking for a new CEO – Bloomberg News

(Reuters) – British luxury carmaker Aston Martin is reaching out to current and former heads of automakers to succeed Amedeo Felisa as its chief executive officer, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Aston Martin declined to comment on the report, which did not specify who the company contacted or why it was seeking to inform Felisa.

Felisa, a former Ferrari NV boss, took over as Aston Martin director in May 2022, succeeding Tobias Moers, who stepped down after two years in the role.

Since then, Aston Martin’s shares have lost about 42% as the company grappled with supply chain and logistics snags that were exacerbated by lockdowns in China, the Ukraine war and soaring costs.

In November, the company moderated its volume outlook for 2023 due to production issues for its new DB12 sports car.

 

(Reporting by David Goodman in Bengaluru; editing by David Goodman)

 

 

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