Mercedes-AMG CEO Replaces Andy Palmer as Head of Aston Martin


Tobias Moers’s profession as chief government officer (CEO) of Mercedes-AMG, the three-pointed star’s high-performance automobile division, involves an in depth, as Moers takes the function of CEO at Aston Martin Lagonda on August 1, 2020. He replaces Andy Palmer, who served because the British model’s CEO for greater than half a decade. 

In a written assertion, Lawrence Stroll, government chairman of Aston Martin Lagonda, deemed Moers “an exceptionally gifted automotive skilled and a confirmed enterprise chief with a robust observe file throughout his a few years at Daimler.” Certainly, Moers helped Mercedes-AMG promote extra 132,000 automobiles final yr—essentially the most ever recorded by the sub-brand, per Daimler. 

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The arrival of Moers at Aston Martin comes within the midst of financial uncertainty for the car producer, with shares of its inventory down greater than 90 % from its preliminary public providing (IPO) worth of late 2018. Nonetheless, the corporate is just not with out promise thanks to imminent automobiles pushed by Palmer, such because the DBX crossover SUV and Valkyrie hypercar.

Whereas Aston awaits the arrival of Moers to its Gaydon, Warwickshire headquarters in August, the corporate is quickly appointing Keith Stanton, vice chairman and chief manufacturing operations officer, to the place of chief working officer. In the meantime, Daimler is naming its head of Mercedes-Benz Brazil, Philipp Schiemer, to CEO of Mercedes-AMG. Moreover, Jochen Hermann, the present head of Daimler’s e-drive improvement, will serve beneath Schiemer as Mercedes-AMG’s chief technical officer.

 































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