Aston Martin has appointed former Ferrari chief executive Amedeo Felisa as its new CEO as Tobias Moers stands down after less than two years at the helm of the British performance car maker.

Felisa, who was already a non-executive director at Aston Martin, will be joined by former Ferrari colleague Roberto Fedeli at the Gaydon-based OEM when he joins as chief technical officer in June.

Former Mercedes-Benz AMG division CEO Moers, who officially succeeded Dr Andy Palmer at Aston Martin in August 2020, will remain within the business until July to help ensure a smooth transition to the new leadership team.

Targeting 'greater cohesion'

A statement issued by Aston Martin, now led by a consortium headed by executive chairman and Formula One racing team owner Lawrence Stroll, said the leadership changes had been made to “drive further and faster innovation and instil greater cohesion and effectiveness across the company.”