Tata Motors names Adrian Mardell as new Jaguar Land Rover CEO

21 Jul 2023 , 11:04 AM

Jaguar Land Rover (JLR) Automotive Plc, a wholly-owned subsidiary of Tata Motors Limited, said on Thursday that Adrian Mardell has been appointed Chief Executive Officer for a period of three-years.

Adrian Mardell previously served as Interim Chief Executive Officer and as Chief Financial Officer on the JLR Board of Directors for three years prior to his new role. In a regulatory filing, Tata Motors stated, ‘This appointment is expected to bring continuity and stability to the leadership team.’

In addition, JLR has announced the hiring of Richard Molyneux as Chief Financial Officer. Since December 12, 2022, Richard Molyneux has served as Acting Chief Financial Officer. Prior to this position, he was Finance Director, Operations at JLR for six years.

These key hires are part of JLR’s efforts to guarantee that the company is led by strong and experienced leaders. The changes come at a critical juncture in the automotive sector, and Tata Motors intends to harness the knowledge of the newly appointed executives to promote development and innovation.

According to reports, Tata Group has announced that it will develop an electric vehicle battery plant in Britain to supply its Jaguar Land Rover plants, providing a significant boost to the UK car industry in desperate need of local battery production to help secure its future.

At around 10.58 AM, Tata Motors was trading at Rs 621.40, against the previous close of Rs 621.65 on NSE. The counter touched an intraday high and low of Rs 626.95 and Rs 617.70, respectively.

For feedback and suggestions, write to us at [e-mail]