Aston Martin CFO to stand down for personal reasons

The chief financial officer at Aston Martin Lagonda is to step down for personal reasons, the company announced this morning.

It said Ken Gregor will stand down from the role no later than 30 June 2022.

A recruitment process for his replacement is underway.

Lawrence Stroll, executive chairman of Aston Martin Lagonda, said: “Over the last 18 months Ken has played a significant role in rebuilding Aston Martin Lagonda’s financial position and setting the business on a strong pathway for the future. Whilst sad to see him leave the business, I understand Ken’s reasons and wish him the very best for the future.”

Tobias Moers, chief executive, said: “Ken will leave Aston Martin as a friend and we wish him all the best moving forward.  Our sincerest thanks for his tireless efforts as chief financial officer and the contribution he has made to our leadership team. I look forward to working closely with him over the coming months until a successor is appointed.”

Gregor added: “I am proud of what I have achieved in my time at Aston Martin Lagonda. It has been an honour to play my part in shaping the company’s future direction, helping to establish a clear roadmap to profitability and financial sustainability.”