Overview

• PB Balaji will take over as CEO of Jaguar Land Rover on November 1, 2025, succeeding Adrian Mardell after more than three decades with the company.
• As Tata Motors’ CFO since November 2017 and a JLR board member, Balaji brings 32 years of global automotive and finance leadership experience.
• Under Mardell’s tenure, JLR recorded its best profit in a decade, slashed debt and launched its 'House of Brands' restructuring of Range Rover, Defender, Discovery and Jaguar.
• The Range Rover Electric model slated for late 2025 has been postponed indefinitely, highlighting cooling demand in the global EV market and production headwinds.
• Balaji inherits challenges that include U.S. import tariffs on British-built SUVs and backlash over Jaguar’s polarizing EV rebranding.