► Boss of Jaguar Land Rover resigns
► Leaves at end of 2022
► Spearheaded ‘Reimagine’ electric plans
Thierry Bolloré, Jaguar Land Rover’s CEO, has resigned from his post. Tata Motors released a statement saying that Bolloré would leave his role on 31 December 2022, citing personal reasons for his departure.
Bolloré was tasked with electrifying both the Jaguar and Land Rover brands to help see them on into the 2030s and beyond. He announced the Reimagine strategy that was meant to reinvigorate the group and, among other major projects, see Jaguar turn into a pure-electric brand by 2025. Bolloré was also behind the scrapping of the electric XJ replacement that was far along in its development stage.
In a board announcement, 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.’
After his departure, Bolloré will be replaced by Adrian Mardell as Interim CEO – he holds the post of Chief Financial Officer.
Bolloré joined JLR after being ousted from Renault in 2019, where he took over from Prof. Sir Ralf Speth.
Natarajan Chandrasekaran, chairman of Tata Sons, 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.’
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