Mardell was named interim CEO in November 2022 when Thierry Bolloré stepped down for personal reasons. He was also CFO and board member of JLR previously. As an interim, his responsibilities included corporate finance, treasury, financial reporting, accounting, tax, internal control and business support.
He joined Jaguar Land Rover in 1990 and held various finance roles until 2008 when he became deputy finance director and Operations Controller, then Chief Transformation Officer.
The company has also appointed Richard Molyneux as CFO.
Richard was appointed as Interim Chief Financial Officer in December 2022 and previously served as Chief Financial Officer, Operations.
Tata Motors on Wednesday announced plans to build a $5.2 billion electric car battery factory in the UK. The plant is set to become one of Europe’s largest battery cell manufacturing sites when it begins production in 2026. The biggest investment in the UK car industry for decades is set to create 4,000 jobs directly and thousands more in supply chains, according to the UK government. The new factory will supply batteries to JLR as well as other brands.
The plant is expected to produce around 40 gigawatt hours of battery cells each year, enough to supply half of the UK’s electric vehicle batteries, Reuters reported citing Energy Security Secretary Grant Shapps.
