Sad News:Jaguar-Land Rover CEO Adrian Mardell Announced his retirement in the company due his health issues Jaguar I-Pace…

Jaguar Land Rover elevates Adrian Mardell as CEOAdrian Mardell has been appointed as Chief Executive Officer (CEO) of Jaguar Land Rover (JLR), extending up to a term of three years. The company also appointed Richard Molyneux as the CFO. Tata Motors had announced its plans to build a $5.2 billion electric car battery factory in the U.K. which is expected to become one of Europe’s largest battery cell manufacturing sites.Mardell was appointed as the interim CEO in November 2022 when Thierry Bollore resigned due to personal reasons. He has also served as the Chief Financial Officer and a member of JLR board earlier. As the interim, his responsibilities included corporate finance, treasury, financial reporting, accounting, tax, internal control, and business support.

He joined Jaguar Land Rover in 1990,and held a variety of financial positions until 2008, when he became Deputy Chief Financial Officer and Operations Controller, and subsequently Chief Transformation Officer.Richard was appointed as the acting CFO in December 2022 and served as Finance Director, Operations before.

Tata motors on Wednesday announced its plans to build a $5.2 billion electric car battery factory in the U.K. The plant is expected to become one of Europe’s largest battery cell manufacturing sites when it begins production in 2026.

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