Aston Martin confirms Mercedes boss Moers will replace CEO Palmer

Aston Martin confirms Mercedes boss Moers will replace CEO Palmer

Aston Martin confirmed Tuesday that Tobias Moers, CEO of Mercedes-AMG, would become chief executive on August 1, replacing Andy Palmer who stepped down on Monday. Aston Martin was struggling before the coronavirus crisis hit sales and its share price was down 94% since the company’s flotation in 2018. The news however raised the shares of the financially troubled British car maker more than 30%.

Inder
Inder
General Zap
General Zap 1 months

Good. Know nothing of interest about'em.

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