#PennyHughes
Ahead of IPO, Aston Martin Appoints a Female Chair
British luxury car maker Aston Martin is putting a contemporary face on its company ahead of an initial public offering planned for October. On Monday, the company appointed Penny Hughes to the position of chair — a symbolic act in a slow-to-evolve industry historically dominated by men.
Hughes arrives at Aston Martin with an impressive résumé. Formerly head of Coca-Cola’s UK and Ireland operations, the new chair also served on the boards of Royal Bank of Scotland and telecom giant Vodafone. As it prepares to make 25 percent of its shares public, the increasingly high-profile automaker wants an infusion of fresh blood while remaining tied by the firmest of bonds to its storied history.
Steph Willems
Sep 11, 2018
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