Mardell takes over as the carmaker moves towards becoming an electric-first business.
Adrian Mardell has been named as the CEO of Jaguar Land Rover (JLR), having led the company on an interim basis since the departure of his predecessor, Thierry Bollore, late last year. He has signed a three-year contract for the new position, according to JLR.
Mardell was the chief financial officer previously at JLR and has been a part of the board of directors for three years.
- Adrian Mardell joined JLR in the 1990s
- Richard Molyneux named chief financial officer
Since being named as Bollore’s replacement in November, Mardell has made several high-profile appearances and announcements on behalf of the company, most notably during a strategy update in April where he gave key details of the company’s operational and industrial future.
Next Jaguar EV will be a 4-seat GT
Mardell also shed light on the electric future of Jaguar, confirming its second pure-electric car will be a high-powered, four-seat GT arriving in 2025, and he announced that Land Rover’s Halewood plant will build electric successors to the Range Rover and Discovery Sport from 2025.
On being named CEO, Mardell said: “It has been my immense privilege to lead JLR over the last eight months and I am proud to be appointed CEO of this fantastic business, which has shaped me over the last 32 years. We have the right vision and people to deliver our Reimagine strategy, and I am honoured to lead JLR on the journey ahead.”
Richard Molyneux appointed chief financial officer
At the same time, Richard Molyneux has been named chief financial officer – a role he’s served on an interim basis since December.
Tata Motors chairman N Chandrasekaran said: “I offer my warmest congratulations to Adrian Mardell and Richard Molyneux on their respective appointments as CEO and CFO. Mardell and Molyneux are an exceptional team with strong automotive and leadership experience.”
JLR to set up new battery plant in UK
Mardell had confirmed in April that JLR would not build its own EV battery factory, and subsequently, parent company Tata announced yesterday that they will set up this facility in the UK – a landmark decision, not just for JLR but for the wider UK car industry too.
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Tata Group confirms EV battery factory in the UK