Thursday, 30 January 2020, Whitley, UK: Mr Chandrasekaran, Chairman of Tata Sons, Tata Motors and Jaguar Land Rover plc would like to announce that Prof Sir Ralf Speth has decided to retire from his current role as Executive Director and Chief Executive Officer of Jaguar Land Rover at the end of his contract term in September 2020.
Mr Chandrasekaran, said:
“I want to thank Ralf for his passion and commitment over the last 10 years. Ralf developed Jaguar Land Rover from a niche UK centric manufacturer to a respected, technological leading, global premium company.”
“I am delighted that Ralf has agreed to maintain his relationship with Jaguar Land Rover by becoming non-executive Vice Chairman.”
“Ralf will also remain on the board of Tata Sons.”
“A search committee has been formed which will work with me to identify a suitable successor in the coming months.”
Prof Sir Ralf Speth said:
“I feel very honoured to have worked with so many dedicated and creative people, both inside and outside of Jaguar Land Rover. We have elevated Jaguar and Land Rover. I want to say thank you for all their support and commitment.”
“We offer our customers multi-award-winning products and will continue to surprise with the best pipeline of new, innovative products we have ever had”.
“Personally, I am looking forward to new and exciting challenges”.