Aston Martin poaches Bentley’s CEO

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The CEO merry-go-round at Aston Martin continues with the corporate appointing its fourth boss in as a few years.

On the finish of final week Aston Martin informed press and buyers Adrian Hallmark is leaving Bentley, and can begin as its CEO “no later than 1st October 2024”, indicating there is perhaps interval of gardening go away that Aston Martin is hoping to barter down.

Mr Hallmark will take over from Amedeo Felisa, who has agreed to stay in place till the brand new CEO joins the agency as a way to guarantee a “clean transition”.

Mr Felisa, who was CEO of Ferrari between 2008 and 2016, was appointed as chief of Aston Martin in Might 2022.

Lawrence Stroll, the Canadian billionaire who’s a serious stakeholder in Aston Martin and its govt chairman, mentioned Mr Felisa was tasked with “main a brand new section of development and growth”.

He claims Mr Felisa has achieved these targets as a result of “two years on, we’ve delivered on that promise, as we close to completion of our thrilling new product portfolio and transfer nearer to our imaginative and prescient of turning into the world’s most fascinating, ultra-luxury British efficiency model”.

Since main a consortium to take management of Aston Martin in 2020, Mr Stroll has overseen the departure of Andy Palmer, CEO between 2014 and 2020, after which his alternative Tobias Moers (2020 to 2022), who beforehand headed up AMG, the efficiency division of Mercedes-Benz.

In a separate assertion Bentley confirmed Mr Hallmark’s rapid departure as its CEO.

Gernot Döllner, chairman of Audi, Bentley’s guardian firm within the Volkswagen conglomerate, thanked Mr Hallmark for placing Bentley “on the trail to carbon-neutral electrical automobiles within the luxurious section”, in addition to taking “necessary steps in the direction of the long-term success of the corporate”.

Mr Hallmark has levels in mechanical engineering and administration, and has been a senior govt at quite a lot of European automakers for the previous quarter century, together with two stints at Bentley.

His earlier roles embrace managing director of Porsche Nice Britain (1996-1999), head of gross sales and advertising at Bentley (1999-2005), and senior roles at Volkswagen of America after which Volkswagen Asia (2005-2009).

After Dutch supercar maker Spyker purchased Saab from GM, he spent 2010 as Saab’s head of world gross sales. Earlier than Saab and Spyker each hit the chapter wall at first of 2011, Mr Hallmark jumped ship to Jaguar Land Rover, the place he was first head of the Jaguar model, after which the automaker’s head of technique.

In 2018, he was employed to turn out to be Bentley’s CEO. Throughout his time on the helm, he oversaw the launch of the Porsche Panamera-based Bentley Continental two-door vary, in addition to the Flying Spur sedan.

He was additionally in cost when the model introduced it might go totally electrical by 2030, with its first electrical car (EV) launching in 2025.

This month, Bentley pushed out its EV timeline. Now it says it would go pure electrical by 2033, with the primary EV launching a yr later than initially projected, and subsequent EVs additionally delayed.



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