The Modern CFO Beyond the Badge: Lessons from the Automotive Industry with Verge Motorcycles CFO Mark Wilson
Oct 4, 2023
Former CFO of iconic automotive brands McLaren and Aston Martin, Mark Wilson, shares his strategies for enduring success in a changing industry. He emphasizes the importance of discipline, transparency, and partnerships. We also delve into his experiences at Aston Martin and his transition to Verge, an electric motorbike company. He discusses the plans for scaling Verge, improving the digital riding experience, and managing global risks as a CFO.
AI Snips
Chapters
Transcript
Episode notes
From Water to Wheels
- Mark Wilson's career began in the water industry, then Lotus, where he unexpectedly found his passion for cars.
- His first project at Lotus involved a ride and handling program for Aston Martin.
Engineering vs. Finance
- Engineers prioritize time and quality over cost, often leading to over-engineered products.
- Finance professionals in the auto industry must develop technical competence and thick skin to manage costs effectively.
Building Relationships
- Build relationships and empathize with colleagues by understanding their priorities and perspectives.
- Develop technical knowledge to gain credibility and influence technical decisions.