Jaguar Land Rover Chief Executive Officer Thierry Bolloré has announced that he will leave the company by 31st December 2022.
“I am immensely proud of what we have achieved together at Jaguar Land Rover over the last two years. The company’s transformation and acceleration towards a sustainable, profitable future as a modern luxury business is underway at great pace. I would like to thank the whole team for their dedication and passion and I wish the entire organisation the very best for the future.”
Adrian Mardell, takes on since today as interim CEO. He has been part of Jaguar Land Rover for 32 years and a member of the Executive Board for three years.
Mardell is the Chief Financial Officer at Jaguar land Rover since June 2019.
He joined Jaguar Land Rover in 1990, holding a variety of financial positions until 2008, when he became Deputy Chief Financial Officer and Operations Controller, and subsequently Chief Transformation Officer. In this role, Adrian established a multi-disciplined team and set up two significant company-wide programmes: ‘Charge’ focusing on short term profit and cash improvements; and ‘Accelerate’, a longer-term strategy to deliver long-term operating efficiencies.
N. Chandrasekaran, Chairman of Tata Sons, Tata Motors and Jaguar Land Rover plc said: “I want to thank Thierry for everything he has done at Jaguar Land Rover. The foundations for a successful transformation have been laid, leaving the company well poised for the future.”
Thierry Bollore joined Jaguar Land Rover to become its CEO since 10 September 2020.
He was CEO of Groupe Renault and previously he had undertaken several senior positions at global automotive supplier Faurecia.
He succeeded in the CEO position Sir Ralf Speth, who took up the responsibility as Non-Executive Vice Chairman of Jaguar Land Rover Automotive plc.