HSV CEO Scott Grant has resigned from his role at Holden Special Vehicles, having spent just 14 months in the top job.
The sudden move by Grant was confirmed in a statement released by HSV, which referred to Grant?s resignation as being ?effective immediately?. The statement also confirmed that Grant will be returning to Sydney, where he will pursue other career opportunities.
Jumping back in the ?hot-seat? will be Phil Harding, Grant?s predecessor. His return to the role of HSV CEO has taken place ?with immediate effect?.
Cut through the ?corporate speak? and it is reasonable to assume that there is more to this announcement than meets the eye. General consensus is that Grant has moved on as his working relationship with Tom Walkinshaw (HSV?s owner) has soured.
The announcement closely follows the recent release of the current pinnacle of the HSV line-up ? the LS7 powered W427.