Jaguar Land Rover CEO to Retire Amid Brexit, China Worries
- Ralf Speth to remain a board member of group holding company
- Coronavirus a big worry for JLR, parent Tata Motors says
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Jaguar Land Rover’s chief executive officer will step down after a decade at the helm of the British luxury carmaker, which saw him turn around a flagging business owned by Indian conglomerate Tata Group.
Ralf Speth, 64, will finish out his contract, which ends in September, but will stay on as non-executive vice chairman, Tata Motors Ltd., the parent of JLR, said in a statement Thursday. A search committee has been formed to identify his replacement.