Former Nissan Executive Andy Palmer Appointed CEO of Aston Martin

Andy Palmer will be the next CEO of Aston Martin, taking over for Ulrich Bez who stepped down from the position in late 2013. Andy Palmer was previously chief planning officer at Nissan and chairman of Infiniti, and had worked in various positions within Nissan since the early 1990s.

Aston Martin says that Andy Palmer will take over "operational responsibility for all aspects" of the company as soon as a transition period from his work with Nissan has taken effect. Andy Palmer joins Aston Martin as the company prepares to launch a new range of sports cars based on a new platform co-developed with Mercedes-AMG. The cars will share V-8 engines with Mercedes-Benz products. One of the first will be a replacement for the aging Aston Martin DB9, which could be called the DB10 if recent trademark filings are to be believed.

In a statement, the Aston Martin shareholder board said, "Andy’s wealth of experience on the global automotive stage in marketing and sales, engineering and technology, and luxury and brand management will be instrumental in taking Aston Martin forward through its most significant and ambitious period of investment to date."

Andy Palmer's departure for Aston Martin comes just months after another senior Nissan Motor Co. executive left the company. In July, Infiniti president Johan de Nysschen resigned and was appointed president of Infiniti.

The 51-year-old Andy Palmer has a has a doctorate in management from Cranfield University and a master's degree in product engineering from Warwick University.

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