Aston Martin's finance boss to leave as losses deepen

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Aston Martin's chief finance officer will leave the company after its losses almost doubled last year following a sales drop as the luxury ...

LONDON: Aston Martin's chief finance officer will leave the company following a tumultuous 2019 in which the luxury carmaker's losses ballooned after sales dropped and it drafted in a new investor to help turn around the firm.

"The big difference between last year and this year is the strength of the balance year," Chief Executive Andy Palmer told Reuters. The company said Chief Finance Officer Mark Wilson will step down from his role no later than April 30 but that he had not been fired.China was a bright spot in its performance last year with sales rising 28per cent but the company, like the rest of the industry, has seen demand drop due to the coronavirus outbreak.

 

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