JLR CEO Adrian Mardell to Step Down After 35 Years with the Brand
In his three years as CEO, Mardell took the company from taking heavy financial losses to achieving its best profits in years.
His successor will be announced "in due course," according to the company.
After three years in the role and 35 years at the company, Adrian Mardell announced his intention to retire as CEO of JLR, Autocar reported on July 31. Mardell was appointed to the role in 2023 following the abrupt departure of Thierry Bolloré. He took the position amidst heavy financial headwinds, with the automaker in the throes of a post-pandemic slump.
"Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with the company," a spokesperson said in a statement to Car and Driver.
In his three years as CEO, Mardell helped right the ship, taking JLR from struggling with debt to now posting 10 consecutive profitable quarters, according to Automotive News. Despite his work to turn the business around, Mardell's legacy will almost surely be shaped by the dramatic rebranding of the Jaguar and Land Rover nameplates.
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Jaguar
Mardell oversaw the reveal of the infinitely controversial Jaguar Type 00 Concept in late 2024, which aims to take Jaguar from competing in the luxury segment against the likes of Mercedes-Benz and Lexus, to the rarified air of competing against ultra-luxury competitors such as Bentley and Rolls-Royce.
Mardell will officially retire on December 31 of this year. At this point, the company hasn't confirmed if the search for his successor will be limited to an insider or if the company will look outside the company. "His successor will be announced in due course," a spokesperson confirmed.
Jack Fitzgerald
Associate News Editor
Jack Fitzgerald's love for cars stems from his as yet unshakable addiction to Formula 1.
After a brief stint as a detailer for a local dealership group in college, he knew he needed a more permanent way to drive all the new cars he couldn't afford and decided to pursue a career in auto writing. By hounding his college professors at the University of Wisconsin-Milwaukee, he was able to travel Wisconsin seeking out stories in the auto world before landing his dream job at Car and Driver. His new goal is to delay the inevitable demise of his 2010 Volkswagen Golf. Read full bio
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