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Tobias Moers replaces Andy Palmer as Aston Martin CEO

1 month ago   |   By Auto Express

Aston Martin has officially announced that Andy Palmer has been replaced as the British brand's Chief Executive Officer. Former Mercedes-AMG boss, Tobias Moers, has been announced as his successor.
Moers will adopt his new position on 1 August, joining Aston Martin in its headquarters in Gaydon. In the meantime, Keith Stanton, the firm's Vice President and Chief Manufacturing Operations Officer, will assume more responsibility.
Tobias Moers, 54, has spent more than 25 years in senior roles at Daimler AG. Until this move to Aston Martin, he was the Chief Executive Officer and Chief...
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Mercedes-AMG boss to take control of Aston Martin

Mercedes-AMG boss to take control of Aston Martin

1 month ago   |   By EVO

Aston Martin has confirmed Dr Andy Palmer has left the company and is to be replaced by Tobias Moers, the current CEO of Mercedes' performance division AMG. Palmer's departure comes following significant losses in 2019 and a fall in the company's share price of £19 when it launched in the stock exchange in 2018 to just 35p on the day of Palmer's departure.
Tobias Moers will join Aston Martin on 1st August as Chief Executive Officer and will be based at Aston Martin's Gaydon headquarters in Warwickshire. Chairman of the Board and CEO of AMG since 2013, Moers has grown AMG into a dominant...
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Aston Martin confirm arrival of Merc chairman Moers

1 month ago   |   By PlanetF1

Aston Martin has officially confirmed that Mercedes-AMG chairman Tobias Moers will join the team on August 1 as their new CEO.
Given the friendship between executive chairman and shareholder Lawrence Stroll and Mercedes boss Toto Wolff, there was an expectation that he would be the first Silver Arrows member to jump ship as Aston Martin prepares to make its return to F1 as a fully-fledged works team.
But Stroll's revamp has seen Moers take over the CEO reins from Andy Palmer, who has left with immediate effect.
“He is an exceptionally talented automotive professional and a proven business...
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F1 News: Mercedes-AMG chairman becomes new Aston Martin CEO

1 month ago   |   By Autosport

Aston Martin has announced the appointment of Mercedes-AMG chairman Tobias Moers as its new CEO, confirming the brand's first major change under Lawrence Stroll
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Official: Aston Martin names Mercedes-AMG chief as new boss

Official: Aston Martin names Mercedes-AMG chief as new boss

1 month ago   |   By Autocar

Aston Martin
Tobias Moers will replace Andy Palmer at the helm of the troubled British car maker
Aston Martin has confirmed that current Mercedes-AMG chief Tobias Moers will replace Andy Palmer as the embattled firm's chief executive officer.
Palmer, 56, has led the British firm since 2014 , serving as both president and chief executive officer. He will step down from his duties immediately. Moers, 55, will start as chief executive officer on 1 August, and will also serve on the firm's board as an executive director. The switch was first reported by the Financial Times over the...
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Opinion: What new CEO Tobias Moers will bring to Aston Martin

Opinion: What new CEO Tobias Moers will bring to Aston Martin

1 month ago   |   By Autocar

Aston Martin's DBX at its home, St Athan
Andy Palmer has done much for Aston Martin, but amid troubled times, we consider what Tobias Moers, currently boss of Mercedes-AMG, can bring to the renowned maker
For many months it has been a matter of when, not whether, Aston Martin's president and CEO of the past six years, Dr Andy Palmer, would leave the job. Things have looked bad for him since AML shares, newly listed two years ago in London at £19 amid much pomp, promptly halved in value and have since fallen lower.
They worsened when Canadian billionaire brand entrepreneur Lawrence Stroll...
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