Aston Martin narrows FY operating losses, updates on new CFO

14th Mar 2022 07:47

(Sharecast News) - Carmaker Aston Martin Lagonda said on Monday that Vivo Energy's chief financial officer Doug Lafferty will join the group on 1 May, while outgoing CFO Gregor will remain with the company until 30 June in order to assist with the transition of responsibility to the new finance chief.

Over at Vivo, the downstream petroleum company stated that in order to enact an orderly succession, Jan-Timo Rebisch, group controller, and Issam Sadiq, group treasurer, will lead the firm's finance function on an interim basis until a new CFO can be appointed.

Vivo added that the search for a new CFO was already underway.

As of 0805 GMT, AML shares were up 0.42% at 862.0p, while Vivo shares were 0.14% weaker at 136.40p.