U.K. Investment Body Issues Rebuke on Aston Martin Board
- Investment Association put out ‘red top’ report ahead of AGM
- Influential group criticizes lack of female directors
This article is for subscribers only.
An influential body representing the U.K. asset management industry issued a rebuke to Aston Martin Lagonda Global Holdings Plc after the luxury automaker lost all its female directors, a person with knowledge of the matter said.
The London-based Investment Association put out a so-called red top report on Aston Martin ahead of its annual general meeting Wednesday, according to the person. The report criticizes Aston Martin for its all-male board and cites a lack of diversity on its executive committee, the person said, asking not to be identified because the information is private.