Adrian Hallmark, the CEO of Bentley, has made a sudden decision to step down from his position. Serving since February 2018, Hallmark has requested an immediate departure from Bentley Motors.
Over his six-year tenure as CEO, Hallmark oversaw the introduction of several new luxury models, with a vision to transform Bentley into the epitome of sustainable luxury vehicles by 2030, including phasing out the W12 engine.
Now, the responsibility of continuing his initiatives falls to another individual, yet to be announced by the Crewe-based automaker.
With a career spanning back to 1999 in the automotive industry, Hallmark has accumulated extensive executive experience, including roles at Porsche and Volkswagen alongside his tenure at Bentley.
In his departure statement, Hallmark expressed gratitude to his team for their collaborative achievements. Under his leadership, Bentley witnessed a significant rise in sales, nearly doubling from 2018 to 2022. However, a slight decline occurred in 2023, with the company selling 13,560 cars worldwide.
Shortly after Hallmark’s announcement, Aston Martin revealed his recruitment to their team. Assuming the role of Executive Director and Chief Executive Officer, Hallmark will succeed Amedeo Felisa, with an expected start date no later than October 1, 2024. Felisa will remain CEO until Hallmark assumes office, after which he will oversee the introduction of new products for the brand.
Lawrence Stroll, Executive Chairman of Aston Martin, commended Felisa for his contributions and hailed Hallmark as a leader of exceptional caliber, not just within their segment but across the global automotive industry.
The extent to which his expertise will influence the Formula 1 team remains to be seen, though his appointment signifies a strategic move for Aston Martin’s future trajectory.
Aston Martin refrained from disclosing Hallmark’s precise remuneration, citing adherence to the company’s approved Remuneration Policy as outlined in the May 2022 shareholders’ meeting.