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Jaguar Land Rover Appoints New Executive Director, Corporate And Strategy

29 January 2016

Jaguar Land Rover Automotive plc has today announced the appointment of Hanno Kirner to the position of Executive Director, Corporate and Strategy, Jaguar Land Rover.

Whitley, Coventry ‑ 29th January, 2016:  Jaguar Land Rover Automotive plc has today announced the appointment of Hanno Kirner to the position of Executive Director, Corporate and Strategy, Jaguar Land Rover.  Mr Kirner will join the Executive Committee of the company, reporting to Jaguar Land Rover Chief Executive Officer, Dr Ralf Speth. The move is effective 1st March, 2016.

Commenting on the appointment, Dr Speth said:  "I am delighted to welcome Hanno to the team.  He is joining Jaguar Land Rover at an extremely exciting time as we continue to execute our consistent strategy, investing in world‑class technologies and manufacturing facilities, ensuring that Jaguar Land Rover puts its customers first in every part of the business."

Mr Kirner will join Jaguar Land Rover from Rolls Royce plc, where he is currently Chief Financial Officer for the company's Land and Sea Division.  Between 2010 and 2015 he was Chief Financial Officer at Aston Martin and prior to this he was Director of Finance and IT at Rolls Royce Motor Cars.  He has also held a number of senior roles with BMW. 

Reflecting on his new role, Mr Kirner said:  "I am very much looking forward to joining Jaguar Land Rover, a company that is admired around the world for its two iconic brands and one that is well‑positioned strategically and financially for sustainable, profitable growth."

Hanno will be taking over the reins as Executive Director from Mike Wright, who will continue to be associated with Jaguar Land Rover, bringing his experience to a number of areas that include key financial services initiatives.  In addition, he will be taking up roles outside Jaguar Land Rover that will be announced in due course.

Commenting on Mike Wright's new responsibilities, Dr Speth said:  "Mike has been at the forefront of the development of Jaguar Land Rover and a key member of the Executive Committee since 2002.  His significant contributions to the company and to the automotive sector are widely recognised throughout Jaguar Land Rover and beyond.  I'm delighted that he will be continuing to work with us, in addition to his new responsibilities outside the company."

Ends

Further information

Media contacts:

Joan Chesney:  +44 7467 448 229       jchesney@jaguarlandrover.com

Lisa Palmer:  +44 7557 540611          lpalmer1@jaguarlandrover.com

Notes to Editors

  • Over the past five years, Jaguar Land Rover has doubled sales and employment, more than tripled turnover, and invested over £11 billion in new product creation and capital expenditure;
  • With a balanced regional distribution of sales, Jaguar Land Rover retailed 462,209 vehicles in Fiscal 2014 /15, 6.4% up on the previous year.  Of that, Jaguar sold 76,930 vehicles and Land Rover sold 385,279 vehicles;
  • Jaguar Land Rover will invest over £3 billion in its products and facilities in Fiscal 2015 /16;
  • Jaguar Land Rover is one of the UK's largest exporters and generates over 80% of its revenue from exports;
  • For Fiscal 2014 / 15, Jaguar Land Rover reported full year revenue of £21.9 billion, EBITDA of £4.1 billion and Profit Before Tax of £2.6 billion;
  • For the first half of Fiscal 2015 / 16, Jaguar Land Rover reported revenue of £9.8 billion, EBITDA of £1.4 billion and Profit Before Tax of £726 million (before exceptional items of £245 million).
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