20 May 2019

Jaguar Land Rover Automotive plc today announced that Ken Gregor, Chief Financial Officer (CFO), has decided to step down on 1 June 2019 after 22 years with the business and serving as CFO for 11 years since June 2008, when Tata acquired Jaguar Land Rover from Ford Motor Company.

Adrian Mardell, Chief Transformation Officer (CTO), has been appointed to succeed Ken Gregor as Chief Financial Officer.

Ken joined Jaguar in 1997 and throughout his career at the company, and especially as CFO, he has made an enormous contribution to the growth and success of our business.

On behalf of the Board of Management and all colleagues, I would like to thank Ken for this significant personal contribution throughout this period and we wish him every success in his future career.

Prof. Dr. Ralf Speth
Jaguar Land Rover Chief Executive

Mr Gregor, who will remain with the company until the end of August to support the handover of responsibilities to Mr Mardell.

It has been a privilege to work with a great team during a period of unprecedented profitable growth at Jaguar Land Rover. I am glad to be handing over my responsibilities as CFO with the company having a solid balance sheet and sustainable growth plan.

Ken Gregor
Chief Financial Officer (CFO)

He will be succeeded by Mr Mardell, who has, most recently, been leading the Project Charge transformation programme. Prior to this, he held a variety of roles in the Jaguar Land Rover Finance function, including the position of Deputy Chief Financial Officer from 2008 to 2016. In addition to his new responsibilities, he will continue to oversee his current role for an interim period.

I am honoured to succeed Ken as CFO and look forward to continuing his diligent management of our finances while partnering with the business to deliver the next phase of sustainable profitable growth. Jaguar Land Rover has an outstanding Finance function, which has supported the overall success of the company.

Adrian Mardell
Chief Transformation Officer (CTO)

Further information

For further information, please contact:

Joan Chesney
M: +44 (0) 7467 448 229

Notes to Editors

About Jaguar Land Rover

Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands: Land Rover, the world’s leading manufacturer of premium all-wheel-drive vehicles; and Jaguar, one of the world’s premier luxury sports saloon and sports car marques.

At Jaguar Land Rover, we are driven by a desire to deliver class-leading vehicles, which will provide experiences our customers will love, for life. Our products are in demand around the globe. In the year to 31 March 2019 Jaguar Land Rover sold 578,915 vehicles in 128 countries.

We support around 260,000 people through our retailer network, suppliers and local businesses. At heart we are a British company, with two major design and engineering sites, three vehicle manufacturing facilities and an engine manufacturing centre in the UK. We also have plants in China, Brazil, India, Austria and Slovakia.  

From 2020 all new Jaguar Land Rover vehicles will offer the option of electrification, giving our customers even more choice. We will introduce a portfolio of electrified products across our model range, embracing fully electric, plug-in hybrid and mild hybrid vehicles as well as continuing to offer the latest diesel and petrol engines.