Thierry Bollore's two-year stint as CEO of Jaguar Land Rover was memorable for failing to generate a single profitable quarter during a period when rival luxury automakers were posting record margins.
The Financial Times in the United Kingdom reported it was Bollore's inability to mitigate the industry's microchip shortage that prompted JLR owner Tata Motors to push for his resignation. Tata said he will step down effective Dec. 31 for "personal reasons."
In what will presumably be his last public appearance with JLR, Bollore spoke passionately on this month's quarterly results call about the chip crisis.