Jaguar Land Rover Chief Executive Officer Thierry Bolloré, on Wednesday announced his resignation from the company for personal reasons.
Bolloré will be leaving on December 31 this year after a stint of a little over two years. Taking over from today as interim CEO will be Adrian Mardell, who has been part of JLR for 32 years and a Member of the Executive Board for three years.
'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,' said Bolloré.
N Chandrasekaran, Chairman, Tata Sons, Tata Motors and JLR 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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