Jaguar Land Rover CEO Thierry Bolloré is stepping down from the role, less than two years after arriving at the Gaydon company.
His departure was attributed to “personal reasons” and will take effect officially on 31 December 2022. As of today (16 November), CEO responsibilities will be taken on by chief financial officer Adrian Mardell, who has been at the firm since 1990 and joined the company board in 2019.
Bolloré's departure comes less than two years after he announced a dramatic and wide-reaching transformation plan for the company under the 'Reimagine' banner, focused on electrifying the product line-up, decarbonising its operations and boosting the quality of the cars it builds.
The strategy was headlined by the repositioning of Jaguar as an all-electric