Andy Gratton has been promoted to the role of Managing Director at Ring Automotive, the UK subsidiary of ams OSRAM.
Andy takes over from Theresa Spencer, who leaves the company at the end of August 2023, to pursue a new challenge outside the automotive aftermarket. Andy, who is currently Ring’s Financial Director, has stepped formally into the MD role as of 1st July. Theresa will remain in the business until 31st August, to support the hand over process.
In the three years Andy has been with the company, he has taken responsibility for a number of areas outside of his FD remit, including Purchasing & Supply Chain, plus one of the Sales divisions. This leaves Andy strongly placed to take on the leadership role, with an in-depth understanding of the business and importantly its people, customers and suppliers.
Andy will be responsible for leading Ring through its next phase of growth and development, as well as supporting ams OSRAM to reach its strategic goals.
Andy commented, “I feel privileged to have the opportunity to support the Ring team, as we drive forwards in delivering the company strategy. With such a strong and passionate team, backed by the ams-OSRAM group, we are well positioned to continue our positive momentum in both our traditional and emerging markets”.
With Andy stepping up into the MD role, he has appointed Scott Page, to take on the role of Finance Director. Scott will assume responsibility for Finance, IT & Business Services.
Outgoing MD, Theresa said, “This was an extremely difficult decision to make. Ring has been very important to me during my seven year tenure, especially over the past three years as MD. It has presented me with challenges and opportunities, and I have learnt a huge amount. However, I am looking forward to a new challenge and I leave knowing that Ring, and the Ring family, will be very safe under Andy’s stewardship.”