Tata names CEO for Jaguar, Land Rover

LONDON -- Tata Motors today named David Smith new CEO for Jaguar and Land Rover.

Smith is Jaguar and Land Rover's chief financial officer. He has been the company's acting CEO since the April 20 death of CEO Geoff Polites.

Smith, an Englishman, is a veteran Ford finance and strategy expert.

He was appointed Jaguar and Land Rover's Chief Financial Officer on March 1.

Before that, Smith was director of finance and strategy for Ford of Europe and the Premier Automotive Group.

Smith has held numerous finance and strategy positions with Ford since he joined the U.S. automaker in 1983. He worked on assignments in Switzerland, the U.S., Asia and Turkey.

He has been a director of Jaguar Land Rover since the early 1990s.

During the past eight years, Smith played a big part in helping to revive the Jaguar and Land Rover brands.

He also had a key role in Ford's sale of Aston Martin last year.

Tata today completed the deal to buy Jaguar and Land Rover from Ford Motor.

Tata agreed on March 26 to buy Jaguar and Land Rover from Ford for $2.3 billion. Tata said the deal would be completed during the second quarter of this year.

You may e-mail Tony Lewin at autonews@crain.com

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