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Jaguar Land Rover Appoints a New Ceo For 3 Years: Shares Up by 1%

Jaguar Land Rover Automotive PLC, UK, has appointed Adrian Mardell as the new CEO.

Jaguar Land Rover Automotive PLC, UK, a wholly-owned subsidiary of Indian auto major Tata Motors, has appointed Adrian Mardell as the new Chief Executive Officer (CEO) for three years.

Adrian Mardell was appointed as the interim CEO on 16 November 2022. Before this, he was the Chief Financial Officer and a JLR Board of Directors member for three years prior.

The company also appointed Richard Molyneux as Chief Financial Officer (CFO) of JLR. Richar Molyneux was the acting CFO on 12 December 2022, having been Finance Director of Operations at JLR for the last six years.

The global wholesales of Jaguar Land Rover for Q1FY24 were at 93,253 units, wherein the Jaguar wholesales for Q1 were 10,324 vehicles, while Land Rover wholesales were 82,929.

At 2:00 pm, the Shares of Tata Motors Ltd were trading at Rs 627.35 or 0.92% up from its previous close on NSE.

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