New MD at Ring Automotive

Andy Gratton has been promoted to managing director at Ring Automotive, the UK subsidiary of ams Osram.

Gratton takes over from Theresa Spencer who leaves the company at the end of August 2023, to pursue a new challenge outside the automotive aftermarket.

Gratton, who is currently Ring’s financial director has stepped formally into the MD role as of 1st July. Scott Page will succeed him as finance director.

Spencer will remain in the business until 31st August to support the hand over process.

In the three years Gratton has been with the company he has taken responsibility for a number of areas outside of his FD remit, including purchasing and supply chain plus one of the sales divisions.

In his new role, Gratton will be responsible for leading Ring through its next phase of growth and development as well supporting ams Osram to reach its strategic goals.

“I feel privileged to have the opportunity to support the Ring team as we drive forwards in delivering the company strategy,” he commented.

“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.”

Outgoing MD, Theresa Spencer added: “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.”