Jaguar Land Rover (JLR), the luxury vehicle arm of Tata Motors, has appointed PB Balaji as its next Chief Executive Officer. Balaji, who currently serves as the Group CFO of Tata Motors, will take charge of JLR effective 17 November 2025. He will succeed Adrian Mardell, who has announced his retirement after a 35-year career at JLR, including a 3-year tenure as CEO.
Mardell, who joined JLR, played a crucial role in the company’s recent transformation and its journey under the 'Reimagine' strategy. He will officially retire on 31 December 2025, but will remain through the transition period to ensure a smooth handover. Tata Sons and Tata Motors Chairman N Chandrasekaran praised Mardell for delivering “record results” and leading a “stellar turnaround” at JLR during his tenure.
PB Balaji’s appointment marks a significant move aimed at maintaining the momentum at JLR. Having spent 8 years closely associated with the group, Balaji expressed his excitement to lead the iconic British brand. “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,” Balaji said.
With over 3 decades of experience across the automotive and consumer goods sectors, he has held leadership roles in Mumbai, London, Singapore, and Switzerland. A graduate of IIT-Chennai and IIM-Kolkata, Balaji has been instrumental in Tata Motors’ financial and operational revival since joining in 2017.
Also Read: Tata Motors Seeks €1 Billion Through Equity, Stake Sale to Fund Iveco Deal!
As of August 5, 2025, at 9:24 AM, Tata Motors share price is trading at ₹657.20 per share, reflecting a gain of 0.55%. Over the past month, the stock has declined by 4.59%.
As JLR embarks on the next phase of its transformation, PB Balaji’s elevation to CEO comes at a pivotal moment. Backed by his extensive global experience and financial acumen, the company aims to build on its recent gains and accelerate its vision under the 'Reimagine' strategy. With Adrian Mardell’s legacy in place and Balaji stepping in, JLR appears poised for a seamless transition and a renewed phase of innovation and growth.
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Published on: Aug 5, 2025, 11:11 AM IST
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