Jaguar Land Rover Boss To Depart

Tue 4th Feb 2020

At a time when some of world motoring’s big bosses are leaving under a cloud it is heartening to know that Jaguar Land Rover’s Chief Executive, Sir Ralph Speth, will be leaving with the company in relatively good health.

Speth’s retirement was officially confirmed following an emergency board meeting at the end of January, and though he is moving away from JLR he will maintain close connections to the company after taking on a senior role on the board of JLR’s parent company, Tata Motors.

Speaking about the decision to retire, Speth said: "I feel very honoured to have worked with so many dedicated and creative people, both inside and outside of JLR. We have elevated Jaguar and Land Rover. I want to say thank you for all their support and commitment.

“We offer our customers multi-award-winning products and will continue to surprise with the best pipeline of new, innovative products we have ever had. Personally, I am looking forward to new and exciting challenges.”

Speth has spent 10 years at the helm of Jaguar Land Rover and in his time has seen plenty of ups and downs. He oversaw huge investment into Range Rover, which was rewarded by the SUV brand achieving a major boost in profits and expanding their sales influence in key markets such as China and the US. However, more recently those profits for Range Rover have slowed down, especially on the back of slump in diesel sales and China’s market slowing down.

However Jaguar have enjoyed a stellar 12 months launching their E and F-Pace SUVs and the electric I-Pace winning the Auto Express Car of the Year in 2018 and the World Car of the Year in 2019.

Sir Ralph will officially step away from JLR duties in September 2020.