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AML Aston Martin Lagonda Global Holdings Plc

138.90
5.70 (4.28%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aston Martin Lagonda Global Holdings Plc LSE:AML London Ordinary Share GB00BN7CG237 ORD GBP0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.70 4.28% 138.90 138.80 139.30 153.00 133.00 133.00 2,234,842 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motor Vehicles & Car Bodies 1.63B -228.1M -0.2769 -5.02 1.14B

Aston Martin Lagonda Global Hld PLC Aston Martin announces Interim CFO appointment (1312J)

08/04/2020 9:00am

UK Regulatory


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RNS Number : 1312J

Aston Martin Lagonda Global Hld PLC

08 April 2020

8 April 2020

Aston Martin Lagonda Global Holdings plc

Aston Martin announces Interim CFO appointment

Aston Martin Lagonda Global Holdings plc announces the appointment of Vikram Bhatia, to serve as the company's Interim Chief Financial Officer. Reporting to President and Group Chief Executive Officer, Dr Andy Palmer, the appointment is effective 20 April 2020. As an interim appointment, Vikram will not be joining the Board.

Bhatia, a Chartered Accountant, trained with Deloitte and has more than 30 years of experience in finance and management, spanning various blue chip organisations, and notably previously held the position of Interim Chief Financial Officer at Aston Martin Lagonda from January to August 2015 prior to Mark Wilson joining the business.

Dr Palmer said: "I'm pleased to welcome Vikram back to Aston Martin Lagonda as Interim Chief Financial Officer at this challenging but critical time for the business. Vikram will work with the strong finance leadership team, ensuring a smooth transition allowing us to provide Aston Martin Lagonda with a sustainable platform for the future."

As previously announced, current CFO Mark Wilson will be stepping down as Chief Financial Officer and Executive Director of the company no later than 30 April 2020. Palmer added: "On behalf of the Board, I would like to thank Mark for his hard work, personal commitment and dedication to Aston Martin Lagonda in the past five years."

Paul Hancock, Director of Finance, has been appointed Deputy CFO and joined the Executive Committee to maintain business continuity and support for the Interim CFO.

The Board continues with its process to appoint a new Chief Financial Officer and will provide an update as appropriate.

 
  Enquiries 
 
  Investors and Analysts 
  Charlotte 
   Cowley            Director of Investor Relations                     +44 (0)7771 976764 
                                                          charlotte.cowley@astonmartin.com 
 
  Media 
  Kevin Watters      Director of Communications                         +44 (0)7764 386683 
                                                             kevin.watters@astonmartin.com 
  Grace Barnie       Corporate Communications Manager                   +44 (0)7880 903490 
                                                              grace.barnie@astonmartin.com 
 
  Brunswick 
  Dan Roberts                                                          +44 (0)20 7404 5959 
  Diana Vaughton                                                 astonmartin@brunswick.com 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

April 08, 2020 04:00 ET (08:00 GMT)

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