Jaguar Land Rover Chief Executive Officer (CEO) Thierry Bolloré, has today announced his resignation from the company for personal reasons, leaving on 31st December 2022.

Bolloré has been in the post for two years. In 2020 he replaced Ralf Speth in a move that was viewed as something of a coup for JLR parent Tata Motors.

Previously, Bolloré had served as CEO at Renault.

Taking over from today as Interim CEO at JLR will be Adrian Mardell who has worked at JLR for 32 years and been a member of the Executive Board for three years.

Thierry Bolloré said in a statement: “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.”

Mr 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.”