Geely CEO Daniel Li joins Aston Martin board

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Aston Martin has appointed Geely CEO Daniel Li to its board. The Chinese automaker is its third largest shareholder.

Geely in May made a 234-million-pound ($299.4 million) investment in the British automaker, giving it the right to one board seat.

As part of the transaction, Geely acquired a 17 percent stake in Aston Martin, purchasing 42 million shares from Chairman Lawrence Stroll’s Yew Tree consortium along with 28 million new shares, Aston Martin said at the time in a stock…

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