The resignation of Jaguar Land Rover CEO Thierry Bollore is effective December 31.
BENGALURU, India – Tata Motors-owned luxury carmaker Jaguar Land Rover said on Wednesday, November 16, chief executive officer Thierry Bollore would resign due to personal reasons after more than two years in the role.
Adrian Mardell will take over as CEO on an interim basis, JLR said. A 32-year JLR veteran, Mardell is currently a member of the company’s executive board. JLR hired former Renault boss Bollore as CEO in 2020, mandating him with the task of returning Britain’s biggest carmaker to profit after it took a big hit from the COVID-19 pandemic. His resignation is effective December 31, JLR said.and offer battery variants of its Land Rover vehicles.that hammered the global auto industry.
JLR said earlier this month its second-quarter loss before tax narrowed to 173 million pounds , while revenue rose 36% from a year earlier.The division’s performance is key to India’s Tata Motors as it contributes nearly 60% to the group’s revenue from operations.
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