Adrian Hallmark, a seasoned luminary in superlative automotive craftsmanship, assumes the mantle of Chief Executive Officer.
Amedeo Felisa, the former chairman and CEO of Bentley Motors, is about to leave his position as Aston Martin’s CEO.
Hallmark is slated to assume his duties by October 1st, 2024.
On March 22nd, 2024, in Gaydon, UK, the Board of Aston Martin officially announced the appointment of Adrian Hallmark, a luminary in the realm of superlative automotive craftsmanship. He is slated to join Aston Martin as an Executive Director and its Chief Executive Officer no later than October 1st, 2024.
Hallmark, aged 61, brings a wealth of experience garnered during his tenure as Chairman and Chief Executive Officer of Bentley Motors, a position he has held since 2018. He boasts over 25 years of illustrious senior automotive experience across the United States, Europe, and Asia, having served in esteemed capacities at renowned companies such as Bentley, Porsche, and Volkswagen.
Amedeo Felisa will continue to serve as Chief Executive Officer until Hallmark assumes his position to facilitate a seamless transition in leadership. Felisa will oversee the rollout of Aston Martin’s highly anticipated new offerings, including the forthcoming debut of its third next-generation sports car, later this year. Thus, he will round off Aston Martin’s exceptional new front-engine lineup following the successful launches of DB12 and Vantage.
In a statement regarding the appointment, Lawrence Stroll, Executive Chairman of Aston Martin, remarked:
“Upon Amedeo’s appointment as CEO, I articulated the commencement of a new phase of expansion and advancement. Two years hence, we have made good on that pledge, approaching the culmination of our captivating new product lineup and drawing nearer to our vision of emerging as the premier, ultra-luxury British performance brand globally.
“I extend my personal commendations to Amedeo, acknowledging his contributions to Aston Martin and his illustrious career at the pinnacle of the ultra-luxury automotive sector. I am gratified that Amedeo will continue in his role until Adrian assumes his duties and will oversee the introduction of our forthcoming products. Our remarkable array of new front-engine sports cars serves as a testament to his stewardship of the Company and its product strategy. We eagerly anticipate commemorating Amedeo’s impact on Aston Martin’s recent achievements before bidding him farewell and best wishes.
“With Adrian Hallmark, we are attracting one of the most distinguished leaders not only in our niche but across the entire global automotive landscape. Augmenting our world-class leadership, Adrian will infuse Aston Martin with unparalleled expertise in both the ultra-luxury segment and British manufacturing, propelling our strategy forward and sustaining the momentum we have built in recent times.”
Amedeo Felisa, Chief Executive Officer of Aston Martin, expressed:
“Serving as Aston Martin’s Chief Executive Officer has been a tremendous privilege, guiding our iconic brand through this transformative period. I take immense pride in our strides over the past two years, positioning Aston Martin for a promising future trajectory. The time is ripe to usher in new leadership for the Company.
“I extend my gratitude to Lawrence and the Board for their unwavering support during my tenure as CEO, as well as to my colleagues who have dedicated themselves tirelessly in recent years to realize our vision for Aston Martin and execute our acclaimed new product strategy. I eagerly anticipate the launch of our upcoming products before handing over the reins to Adrian, whose appointment represents a remarkable boon for Aston Martin, given his wealth of first-rate experience.”
Adrian Hallmark added:
Like many others in the ultra-luxury market, I have watched the ongoing transformation of Aston Martin’s brand and products with admiration from a distance. I am grateful for the chance to work with Lawrence, the Board, and the company’s employees to shape the company’s next chapter.
“The transformation of Aston Martin stands out as one of the most captivating endeavors within the ultra-luxury automotive sphere. I am excited to sustain the Company’s positive momentum and leverage my expertise and enthusiasm to further unlock the potential of this iconic brand and propel it to even greater heights of success.”
Regulatory Notifications
A separate notification containing the requisite regulatory particulars in compliance with paragraph 9.6.13R of the Listing Rules of the Financial Conduct Authority will be disseminated within 5 business days.
Compensation Arrangements
Adrian Hallmark’s service agreement, compensation, and benefits will adhere to Aston Martin’s Remuneration Policy as sanctioned by shareholders at the AGM in May 2022.
According to its legal obligations, the company will furnish details concerning departure arrangements for Amedeo Felisa on its website in due course.
Confidential Information
This announcement contains confidential information as defined in Article 7(1) of the EU Market Abuse Regulation No. 596/2016, incorporated into UK law under the European Union (Withdrawal) Act 2018. Liz Miles, the company secretary, is responsible for disseminating this announcement on behalf of the Company.
