Aston Martin’s chief executive Andy Palmer is leaving the business as part of a shake-up aimed at restoring the fortunes of the flagging carmaker, according to two people with knowledge of the move.
The luxury carmaker will name Tobias Moers, who runs the AMG performance arm of Mercedes-Benz, as his replacement in an announcement scheduled for Tuesday.
When contacted by the Financial Times on Sunday Mr Palmer said he had not been informed of the coming announcement and declined to comment further.
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