Aston Martin DB11 on display at the 2018 Turin Motor Show.
Stefano Guidi | Rocket of Light | Getty Images
LONDON — Adrian Hallmark, a veteran automotive leader at luxury brand Bentley, has been named Aston Martin’s new chief executive.
The 61-year-old will begin his new role by October 1, the company announced on Friday. Outgoing leader Amedeo Feliza will remain in office until then.
“He has over 25 years of highly successful premium automotive experience with companies such as Bentley, Porsche and Volkswagen in the United States, Europe and Asia,” Aston Martin Lagonda said in a statement.
Aston Martin executive chairman Laurence Stroll said Hallmark will bring “unparalleled experience in ultra-luxury and British manufacturing to advance our strategy and build on recent momentum.”
It marks another leadership change at the company, which has suffered heavy losses in recent years that have narrowed. 2023 results. Felisa takes over in May 2022, less than two years after his predecessor Tobias Moers held the top job.
Aston Martin Lagonda The stock was up 1.8% as of 9:15 a.m. in London.
Despite a rebound in 2023, the company’s shares have fallen sharply since going public in 2018 as the company faces supply chain challenges, rising costs and a mountain of debt.
Aston Martin Lagonda share price.
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