McLaren Automotive’s Mike Flewitt is set to step down as chief executive officer after over eight years at the helm, the automaker said on Wednesday.
McLaren Group said non-executive director Michael Macht will take on the responsibility for all technical and operational functions while it looks for Flewitt’s replacement.
“I feel incredibly proud to have led McLaren Automotive through most of its first, highly-successful decade and am privileged to have played a part in the incredible McLaren story,” Flewitt said.
Since 2013, he has steered the automaker through expansion in Asia, the introduction of new generations of hybrid cars, possible takeovers, and possible market floatation.
He has also been credited with expanding the automaker’s scope to include the limited production Ultimate range of McLaren hypercars, the McLaren GT, and the hybrid McLaren Artura.
McLaren Automotive was set up in 2010 to compete for the likes of Ferrari and Aston Martin away from the formula 1 circuit.
