Mardell: JLR appoints interim boss Mardell as CEO for 3 years – Times of India

Mumbai: Jaguar Land Rover (JLR), a hand of Tata MotorsAdrian was promoted to interim CEO on Thursday mardell as Chief Executive Officer for three years.
The appointment comes a day after Tata Motors’ parent company Tata Sons announced plans to build an electric vehicle battery factory in the UK to supply its JLR facilities. Mardell, 62, will oversee JLR’s transformation plans as it invests 15 billion pounds over five years in electric vehicles and has promised a new electric Jaguar in 2025.
Mardell, a British national, has taken over the interim position from November 2022 following the departure of the former CEO. Thierry Bollor, Mardell, a chartered accountant by training, has been with JLR for 33 years, joining in 1990, a year after Jaguar was acquired by Ford Motor while Land Rover was still part of the independent Rover Group. Ford acquired Land Rover in 2000, and eight years later, it sold both brands to Tata Motors for $2. 3 billion.
Prior to becoming interim CEO, Mardell, a fan of National Hunt horse racing and an avid supporter of American football, especially the Detroit Lions, served as CFO of JLR. There is a possibility that Mardell, like former JLR CEOs Bollor and Ralf Speth, may join the board of Tata Motors.
The automaker also made the role of acting CFO Richard Molyneux permanent. Molyneux was appointed acting CFO in December 2022 after spending six years as JLR’s finance director.