Aston Martin chairman Lawrence Stroll has officially denied recent suggestions that he is searching for a replacement for CEO Tobias Moers in the wake of a wave of staff departures and financial results coming in below expectations.
Moers' future at the firm was cast into doubt last month when Aston warned it would miss its earnings target for 2021 by £15 million, chiefly as a result of delays to the Valkyrie hypercar programme.
At the time, Bloomberg reported that Ford executive Steven Armstrong was a contender to take over the position, a report that was subsequently correlated by an Autocar source, but Stroll had said he was "absolutely not engaged" in a search for a new CEO.
