Jaguar Land Rover appoints Thierry Bollore as new CEO

Ex-Renault CEO Thierry Bollore has been announced as the new CEO of Jaguar Land Rover, replacing Dr Ralf Speth, who had earlier this year announced his decision to retire at the end of his contract term, after 10 years at the helm. The Frenchman will assume his new role on 10 September 2020. 

N Chandrasekaran, Chairman of Tata Sons, Tata Motors and Jaguar Land Rover todayu announced the appointment of Bollore. Mr Chandrasekaran said: “I am delighted to welcome Thierry to Jaguar Land Rover. 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.”

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

Commenting on his appointment, Mr Bollore said: “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.

“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.”

Speth will assume the role of non-executive vice chairman of Jaguar Land Rover. 

R Chandrasekaran added: “I want to thank Ralf for a decade of outstanding vision and leadership for Jaguar Land Rover and welcome him to his new Non-Executive position in addition to his existing role on the board of Tata Sons.”

It is to be noted that JLR, since becoming a part of Tata Motors, has sold 4.79 million cars worldwide between 2009 to 2019.