Hyperdrive

Aston Martin Gauges Ford Executive’s Interest in Becoming CEO

  • Chairman Stroll is said to have approached Ford’s Armstrong
  • Current CEO Moers has struggled to launch Valkyrie model
Steven ArmstrongPhotographer: Chris Ratcliffe/Bloomberg
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Aston Martin Lagonda Global Holdings Plc’s chairman has approached Steven Armstrong, a senior Ford Motor Co. executive, to gauge his interest in becoming chief executive officer of the British carmaker, according to people familiar with the matter.

Billionaire Lawrence Stroll reached out to Armstrong -- a former chairman of Ford Europe -- twice last month, according to one of the people, who asked not to be identified because the discussions were preliminary. No offers were made and Armstrong, 57, has made no decision to leave Ford, where he’s worked for more than 25 years and currently serves as transformation officer over South America and India.