Jaguar Land Rover, the Tata Group owned luxury British brand, has announced Thierry Bolloré as its new Chief Executive Officer, effective from 10 September 2020. He succeeds Prof Sir Ralf Speth, who will take up the previously announced position of Non-Executive Vice Chairman of Jaguar Land Rover. This new announcement was made by Mr Natarajan Chandrasekaran, Chairman of Tata Sons, Tata Motors and Jaguar Land Rover. Thierry Bolloré's latest stint in the automobile industry was CEO of Groupe Renault.
"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. 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," said Mr. Chandrasekaran. Bolloré has extensive expertise in the automotive business and has previously served in senior positions at global automotive supplier Faurecia. He was dismissed from Renault’s board of directors in October 2020, following the exit of former Renault-Nissan boss Carlos Ghosn.
Commenting on his appointment, Mr Bolloré 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." Several reports in the past had suggested that Thierry had a really difficult time working with the senior officials at partner brand Nissan after Carlos Ghosn had quit the company.