Overview

• Adrian Mardell, who joined JLR in 1990 and became full CEO in 2023 after serving as CFO, will step down on December 31, 2025, with a successor to be named in due course.
• Under his leadership, JLR eliminated net automotive debt and delivered its strongest profit levels in a decade by the end of fiscal year 2025.
• Mardell spearheaded the ‘Reimagine’ transformation by rebranding Jaguar as an electric-only luxury marque and unveiling the polarizing Type 00 concept.
• JLR paused exports to the United States in April under a 25% tariff and resumed shipments in May after securing reduced levy terms.
• The automaker is readying its dealer network and production facilities for an all-electric launch slate beginning in 2026, following delays to its first Range Rover EV and recent cuts of 500 UK management roles.