31 July 2025 | General News
It has been announced that JLR’s CEO, Adrian Mardell, is leaving the company. He was appointed to the role in late 2022, following the sudden departure of Thierry Bolloré. An official statement issued by JLR reports: “Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with the company. His successor will be announced in due course.”
It was during Mardell’s tenure that JLR achieved a major financial turnaround, moving from massive losses and heavy debt to a record pre-tax profit of £2.5bn for the 2024/25 financial year. He also oversaw the creation of JLR's House of Brands strategy, which has seen Defender, Discovery, Range Rover and Jaguar becoming separate corporate brands with their own marketing strategies.
Mardell’s stint as CEO also marked the start of Jaguar’s reinvention, with the phasing out of the existing range by the end of 2024 and the unveiling of Type 00 – the concept car heralding Jaguar’s all-EV era. The first of Jaguar’s new-generation production EVs – a four-door ‘super GT’ with a six-figure price tag – is set to be revealed by the end of this year, with the aim of going on sale in 2026.
In a recent interview with Autocar magazine, Mardell revealed that he had driven the new GT and was hugely impressed: “It was stunning in terms of its speed, its acceleration, its performance, but also how it delivered the power with a real sense of character. The chassis team are really excited about the possibilities of the vehicle.”
In the same interview, Mardell was confident of Jaguar’s future success, insisting he was “certain we will have wait lists which are significant relative to the volumes we aspire for with the first product”. He continued: “In today’s market conditions, I don’t see anything which is going to concern me about the success of the new Jaguar in this new world at all, actually.”
We await further news from JLR and its hunt for the company’s next CEO.
