According to parent company Tata Motors, Jaguar Land Rover CEO Thierry Bollore is leaving for personal reasons. Bollore, 59, announced on Wednesday that he would retire on December 31.
As interim CEO, Adrian Mardell, who is now the head of finance of Jaguar Land Rover, will take over. Mardell, a current member of Jaguar Land Rover’s executive board, has worked for the company for 32 years.
In 2020, JLR chose former Renault CEO Bollore as CEO in an effort to turn around Britain’s largest automaker, which had been severely harmed by the COVID-19 epidemic. Nearly a year prior, Bollore had been fired from his position as CEO of Renault due to the Carlos Ghosn scandal’s repercussions.
In a strategy plan dubbed “Reimagine”, focused on electric technology, Bollore was updating JLR’s business model.