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Jaguar boss David to step down from role

JAGUAR Land Rover has announced that its chief executive David Smith is stepping down.

JAGUAR Land Rover has announced that its chief executive David Smith is stepping down.

It’s been a troubled few months for the car marque, with ongoing discussions about whether the firm should close its Castle Bromwich or Solihull plant.

Back in the autumn, the company said that one of the two factories would have to shut down by the end of the decade.

There have also been disputes between company chiefs and unions about the pensions.

But the Tata-owned group has said that Mr Smith’s departure was not connected to the recent discussions.

A statement, released on Monday, said: “Jaguar Land Rover is today announcing the departure of David Smith as chief executive officer

“The company would like to thank David for his efforts in the role.

“Ravi Kant, director of Jaguar Land Rover Ltd, will assist with the handover of David’s duties and assume day to day responsibilities of the CEO until David’s permanent successor is announced.”

Born in Solihull, Mr Smith has been in charge for less than two years - taking the top job in June 2008. He had previously been the company’s chief financial officer.

 

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