29 November 2022
JLR Boss Thierry Bollore makes a surprise departure
Hidden within the corporate section of Jaguar Land Rover’s media site was a press release simply titled ‘Executive Board Announcement’. The staff member was none other Chief Executive Officer Thierry Bolloré, who on 16 November announced his resignation from the company for ‘personal reasons’, leaving on 31 December 2022.
In a statement Bolloré said: “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.”
Natarajan Chandrasekaran, Chairman of Tata Sons, Tata Motors and Jaguar Land Rover 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.”
Taking over with immediate effect as interim CEO is Adrian Mardell, who has been part of Jaguar Land Rover for 32 years and a member of the executive board for three years.