Jaguar Land Rover’s CEO Ralf Speth to step down in September 2020

In a report, the Financial Times said citing sources, Ralf Speth, Jaguar Land Rover’s Chief Executive Officer is scheduled to step down later this year in September when his contract ends; he will continue to remain in the company at an advisory role.

Speth will focus on his position on the board of Tata Sons, the holding company of JLR’s owner Tata Motors Ltd, said the report.

Hanne Sorensena, Maersk’s former CEO has been suggested as a possible replacement to Speth.

Jaguar Land Rover’s spokesman declined to comment on the FT report.

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