HSV loses its head

 

Holden Special Vehicles announced today that chief executive officer Scott Grant has resigned “effective immediately … to pursue other career opportunities”.

In the four-sentence press release, HSV thanked Grant for his contribution to the business over the last 14 months, and added that Phil Harding - who was at the helm of HSV prior to Grant - will take back control as CEO immediately.

Coincidentally HSV founder and part-owner (with Holden) Tom Walkinshaw arrived in town earlier this week for a HSV board meeting.

However company spokesman Simon Frost declined to draw any conclusions between Walkinshaw arriving and Grant leaving.

“I only found out at 2pm today too,” Frost said.

“I don’t want to comment any further.”

HSV has posted 20 years of consecutive profit, with record sales in the past few years. Last year they shifted about 7000 cars and look like they could do even better for 2008.

This years quota of 90 of the HSV W427 has already sold out.

 

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