Jaguar Land Rover announces new CEO

Jaguar Land Rover will have a new CEO from September. Photo: Jaguar Land Rover

Jaguar Land Rover has announced its new CEO, Thierry Bolloré, who will replace Professor Sir Ralf Speth from September.

Bolloré has extensive expertise in the automotive business, most recently as CEO of Groupe Renault and previously in senior positions at global automotive supplier Faurecia.

Bolloré had been under controversy as Renault sought to distance itself more from Nissan, following Carlos Ghosn’s departure. Bolloré was named CEO at Renault in 2019 but was ousted in October last year.

“Jaguar Land Rover is known around the world for its peerless brand heritage, exquisite design and deep engineering integrity. It will be my privilege to lead this fantastic company through what continues to be the most testing time of our generation,” said Bolloré.

Thierry Bolloré previously worked as Renault’s CEO. Photo: Jaguar Land Rover

“Renowned for their passion and spirit, the people of Jaguar Land Rover are the driving force behind its success. I couldn’t be more excited to join the team continuing to shape the future of this iconic company.”

Natarajan Chandrasekaran, chairman of Tata, the parent company of Jaguar Land Rover (JLR), said he was delighted to welcome Bollore to the helm at JLR.

“An established global business leader with a proven track record of implementing complex transformations, Thierry will bring a wealth of experience to one of the most revered positions in the industry,” he said.

Professor Sir Ralf remains on as non-executive chairman at JLR.