Current CEO Adrian Mardell will be retiring later this year. P B Balaji will assume his new role in November.
In a landmark move, Jaguar Land Rover (JLR) has announced that P B Balaji will now serve as its Chief Executive Officer, succeeding Adrian Mardell. Balaji will assume his new role from November 17, 2025.
Mardell, who will be retiring towards the end of this year, was at the helm of JLR for the past three years and has been in the company for the past 35 years. Balaji is currently the Group Chief Financial Officer of Tata Motors Group since 2017, and has been in the automotive industry for the past 32 years.
Balaji has been appointed as the CEO of JLR since Tata Motors wanted someone who is well aware of the overall strategy of JLR and is familiar with the brand too, which will be helpful in scaling up the business further, said N Chandrasekaran, Chairman of Tata Sons.
Commenting on his appointment, Balaji said, “It is my privilege to lead this incredible company. Over the past 8 years, I have grown to know and love this Company and its redoubtable global brands. I look forward to working with the team to take it to even greater heights.”