Spyker’s interim CEO Michiel Mol has stepped down from the role and will be replaced in the meantime by vice-chairman of Spyker’s supervisory board, Hans Hugenholtz. Mol replaced former CEO and the founder of the Dutch sports car company Victor Muller back in May but his decision to resign from the top job could be more of a strategic move rather than one made from frustration.
New reports suggest that Spyker might sell its Formula One team as part of its financial restructuring plan, and Mol is tipped to be the new buyer. However, to do so, he’d have to step down from the position of CEO and director to prevent a conflict of interest.
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