Martin Leach

Martin Leach

Martin Leach is the former president and COO of Ford Motor Company's European division, and the former CEO of Maserati. Leach was a Ford employee from 1979 to 2003. In 2002 he was promoted to president and COO of Ford of Europe. In 2003 Leach and Ford had a falling-out which resulted in Ford announcing that Leach had resigned. Leach sued Ford and won an injunction preventing Ford from enforcing a non-compete agreement against him. In 2004, Maserati hired Leach as its CEO, but dismissed him in February 2005 as part of parent company Fiat's plan to align the brand with Alfa Romeo. In 2005, Leach settled his lawsuit with Ford for $2.1 million USD. In July 2006 it was announced that Leach had been appointed chairman of LDV Limited in the UK, by the new owner, the Russian automotive company GAZ Group. Martin Leach also runs Magma International, the firm that entered into an agreement to buy The Super Aguri F1 team, but backed out after Magma's financial backers, Dubai Investment Capital walked out of the agreement in the last minute.

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