The Board of Aston Martin Lagonda Global Holdings plc announces today that, Dr. Andy Palmer and the Board agreed that he would step down as President and Group Chief Executive.

The Board announces the appointment of Tobias Moers, as Chief Executive Officer. Tobias, 54, will be appointed to the Board as an Executive Director and will take over from Dr. Andy Palmer. He will be based at the Company’s headquarters in Gaydon, Warwickshire, and will join on 1 August 2020.