Jaguar Land Rover (JLR) has appointed Adrian Mardell as the CEO, taking the helm of the company as it transitions towards becoming an electric-first business. Mardell, who previously served as the chief financial officer at JLR, has been leading the company on an interim basis since the departure of his predecessor, Thierry Bollore, in late 2022. He has now signed a three-year contract for the CEO position at the Tata Motors-owned company.
Having been a part of the board of directors for three years, Mardell brings extensive experience and familiarity with the company’s operations. His long association with JLR began in the 1990s, and his role as CFO has provided him with valuable insights into the financial aspects of the business.
During his tenure as interim CEO, Mardell made notable appearances and announcements, including a strategy update in April where he provided essential details about the company’s future plans and operations.
Expressing his gratitude and excitement about the appointment, Mardell stated, “It has been my immense privilege to lead JLR over the last eight months, and I am proud to be appointed CEO of this fantastic business, which has shaped me over the last 32 years. We have the right vision and people to deliver our Reimagine strategy, and I am honoured to lead JLR on the journey ahead.”
Accompanying Mardell in the leadership team, Richard Molyneux has been named the chief financial officer. He has been fulfilling the role on an interim basis since December, and his expertise in the automotive industry and leadership experience will complement Mardell’s vision as they steer the company into the electric future.
In line with the company’s electric ambitions, JLR recently made significant announcements. Mardell confirmed that JLR would not establish its own EV battery factory, and Tata Motors, the parent company, revealed plans to set up the facility in the UK. This decision marks a crucial milestone for both JLR and the broader UK car industry.
Additionally, Mardell shed light on the electric future of Jaguar, confirming that the brand’s second pure-electric car will be a high-powered, four-seat GT, set to debut in 2025. Furthermore, he announced that Land Rover’s Halewood plant will manufacture electric successors to the Range Rover and Discovery Sport starting from 2025.
As JLR moves forward with its electric-first strategy, the new leadership team, led by Adrian Mardell as CEO and Richard Molyneux as CFO, is well-equipped to navigate the transformative journey ahead.
