Jaguar Land Rover Names Thierry Bolloré as CEO
The French businessman, ousted as head of Groupe Renault last October, succeeds long-serving chief executive Ralf Speth.
Bolloré’s appointment was announced by Natarajan Chandrasekaran, chairman of JLR parent company Tata.
“I’m delighted to welcome Thierry to Jaguar Land Rover,” he said. “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.”
Bolloré has worked within the automotive industry for over 30 years, having held various senior management roles at Michelin and Faurecia prior to joining Groupe Renault’s board of directors in late 2012.
He was appointed chief executive in January 2019, serving for 10 months before his dismissal in a managerial shake-up. Reports at the time suggested a strained relationship between Bolloré and senior staff at Nissan, Renault’s partner brand.
“Jaguar Land Rover is known around the world for its peerless brand heritage, exquisite design and deep engineering integrity,” Bolloré said in a statement on his new appointment. “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.”
Bolloré will take on the role of CEO from 10 September. As was announced in January, Speth will take up position as non-executive vice chairman of JLR.