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After 18 months as Aston Martin<\/strong>‘s chief financial officer, Kenneth Gregor<\/strong> will step down on June 30, 2022. The board has already launched a process to appoint a replacement, the British company said.<\/p>\n <\/p>\n “Over the past 18 months, Ken has played an important role in rebuilding Aston Martin Lagonda’s financial position and setting the company on a solid path for the future,<\/em>” said executive chairman Lawrence Stroll<\/strong>.<\/p>\n <\/p>\n Gregor has nearly 25 years of automotive experience, most recently as chief financial officer of Jaguar Land Rover<\/strong> since 2008. He also held several financial control positions at Jaguar from 1997, before working in investment banking for HSBC<\/strong>. He was recruited by Aston Martin in June 2020 to help overcome the decline in sales caused by the Covid-19 epidemic.<\/p>\n <\/p>\n This is yet another blow to Aston Martin, who in addition to suffering the full brunt of this pandemic, are also experiencing a general drop in numbers since their market debut in 2018. In fact, they posted a pre-tax loss of $134 million in the third quarter of 2021<\/strong> (between July and September). Even so, this quarter represented an increase compared to the numbers the company has experienced in recent months.<\/p>\n <\/p>\n Nevertheless, the firm stated with the revelation of its results in October, that it expected to take its first steps towards improved profitability through a transformation plan. Moreover, this is a new upheaval in the organization of the group, since Adam Chamberlain<\/strong>, straight from Mercedes-Benz USA<\/strong>, was appointed two weeks ago as the new president of Aston Martin The Americas<\/strong>.<\/p>\n <\/p>\n <\/p>\n