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Which luxury car company Chief Executive Officer(CEO) Thierry Bollore announced his resignation?
A)
Volvo Cars
B)
Aston Martin
C)
Jaguar Land Rover
D)
Mercedes-Benz

Correct Answer :   Jaguar Land Rover


Luxury carmaker Jaguar Land Rover's (JLR) chief executive officer Thierry Bollore has tendered his resignation from the company for personal reasons.

* He will leave the company on 31 December, 2022.
 
* “We wish to inform you that Mr Thierry Bolloré, Non-Executive Non-Independent Director of Tata Motors Limited (the Company) has tendered his resignation w.e.f. December 31, 2022," Tata Motors said in a BSE filing.
 
* "Taking over from today(16th Nov 2022) as Interim CEO at Jaguar Land Rover (JLR) will be Adrian Mardell," it added.
 
* Mardell has been part of JLR for 32 years and is a member of the Executive Board for three years.
 
* Bollore had taken over in September 2020 from Ralf Speth. The JLR CEO had promised investors of delivering double-digit EBIT (earnings before interest and tax) margin, become one of the world’s most profitable luxury manufacturers and make the company net zero carbon by 2039..

Source : Mint


Published On : November 18, 2022
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