The board of Aston Martin Lagonda Global has announced the appointment of Kenneth Gregor as CFO.
Gregor has also been appointed as an executive director and will report to the executive chairman, Lawrence Stroll, and to CEO Tobias Moers, once Moers joins the company on 1 August.
Interim CFO, Viki Bhatia will remain at the company for a period of time to support a smooth transition.
Gregor has over 20 years of automotive experience, most recently as CFO of Jaguar Land Rover (JLR) for 11 years from 2008. Under his leadership, Aston Martin said the finance group developed as a “strong business partner” to support the delivery of shareholder value and the company’s growth ambitions.
Prior to his appointment as CFO, he held a number of roles within JLR from 1997 including group financial controller and financial control roles within marketing, sales and service and product development.
Stroll said: “I am delighted to welcome Ken to Aston Martin Lagonda. He is a seasoned financial professional with a strong leadership track record during his years at Jaguar Land Rover. He supported the successful execution of its growth plans, through product expansion, with robust financial planning and capital allocation policies.
“He is the right finance leader for Aston Martin as we implement our strategy for the business to achieve its full potential. On behalf of the board, I would like to thank Viki for his support while we completed the search for a permanent appointment.”
Gregor added: “I am delighted to be joining Aston Martin Lagonda. There is an exciting opportunity to build on the Company’s inherent strengths, its brand, its engineering prowess, and the skills of its people to enable Aston Martin to become a sustainably profitable business.
“I am looking forward to working with Lawrence, Tobias and the whole Aston Martin team to build a stronger business for our customers, our employees, our partners and our shareholders.”