Ralf Speth Explained

Ralf Speth
Birth Name:Ralf Dieter Speth
Birth Date:9 September 1955
Birth Place:Roth, Bavaria, West Germany (now Germany)
Alma Mater:Warwick Manufacturing Group
Chairman, TVS Motor Company,[1] Additional director of Tata Sons[2]
Known For:Former CEO of Jaguar Land Rover.
Successor:Thierry Bolloré
Occupation:Automotive industry executive

Ralf Dieter Speth (born 9 September 1955[3]) is a German automotive executive and a director of Indian company Tata Sons since 2016. From 2010 to 2020, he was the chief executive officer of Jaguar Land Rover.[4] He has also had roles with BMW, Linde and Ford's Premier Automotive Group. Since 2022, Speth is the chairman of Indian Automaker TVS Motor Company.[5]

Education

Speth earned a degree in engineering from the University of Applied Sciences Rosenheim, Germany. He later undertook a doctorate of engineering in mechanical engineering and business administration at the University of Warwick.[6]

Career

Speth started his automotive career with BMW in 1980 and worked for them for 20 years.[7]

In 2002, he joined The Linde Group as head of global operations and vice president of operations. He was also chief operating officer and a member of the executive board at its subsidiary KION Group GmbH.[8]

In 2007, Speth returned to the car industry and joined Ford Motor Company's Premier Automotive Group (PAG) as director of production, quality and product planning. Following the sale of two of the PAG marques, Jaguar and Land Rover, to Tata, he became chief executive officer of Jaguar Land Rover (JLR) in February 2010, and a non-executive director of Tata Motors in November 2010.[9]

Under Speth's management, JLR increased the company's workforce significantly. "We have added more than 17,000 peoplein the course of the last five years," he said in an interview published in June 2015.[10] Speth championed the need for R&D and made much of JLR's investment in R&D. "I guess we are the biggest R&D investor in the UK in the automotive business," he claimed.

In the 2015 Special Honours list, Speth was appointed an honorary Knight Commander of the Order of the British Empire for his services to the automotive industry.[11] In August 2019, the award was made substantive following Speth becoming a British citizen.[12] [13]

In September 2016, Speth was appointed an honorary professor, having previously been an industrial professor.[14]

In October 2016, Speth was appointed an additional director on the board of Tata Sons.[15] On 30 January 2020 he announced his intention to retire from his role as CEO of JLR effective September 2020, but remain on both the JLR and Tata Sons boards.[16] He entered into a non-executive role in the company and was succeeded by the CEO of Renault, Thierry Bolloré.[17]

In 2020, he was elected a Fellow of the Royal Society.[18]

In April 2022, Speth took over the role of chairman of Indian automaker TVS Motor Company, succeeding Venu Srinivasan.[19]

In 2023, Speth was given an honorary doctorate from the University of Warwick.[20]

Personal life

He is married, with two children, and lives between Leamington Spa and Munich.[21]

Notes and References

  1. Web site: TVS appoints Ralf Speth as chairman; Venu Srinivasan to continue as MD . 8 February 2022 .
  2. https://www.tata.com/management-team#//management-team/board-of-directors/ralf-speth Ralf Speth, Tata Group Leadership Team
  3. Web site: Dr Ralf Speth,Chief Executive Officer. Design Council. 21 January 2013. dead. https://web.archive.org/web/20120628213814/http://www.designcouncil.org.uk/our-work/Insight/Design-for-Growth/Speakers/Dr-Ralf-Speth/. 28 June 2012. dmy-all.
  4. Web site: Dr. Ralf D. Speth, Chief Executive Officer of Jaguar Land Rover Limited, poses next to a new Jaguar F-Type. Driving.ca. 21 January 2013. 27 September 2012.
  5. Web site: TVS appoints Ralf Speth as chairman; Venu Srinivasan to continue as MD . 2022-04-28 . Moneycontrol . 8 February 2022 . en.
  6. Web site: Ralf D. Speth. Bloomberg. 21 January 2013.
  7. Web site: Dr Ralf Speth, CEO Jaguar Land Rover. Design Council. 21 January 2013. dead. https://web.archive.org/web/20120628200254/http://www.designcouncil.org.uk/our-work/Insight/Design-for-Growth/summit11webcast/Dr-Ralf-Speth/. 28 June 2012. dmy-all.
  8. Web site: Ralf Speth: Resurgent Jaguar Land Rover shifts up a gear . The Independent . 23 October 2011 . 2014-10-31.
  9. Web site: Ralf D. Speth. Bloomberg Businessweek . 2014-11-28 .
  10. Web site: R&D Investment Makes Good Business Sense . Ingenia . 2015-05-14 .
  11. Web site: Honorary British awards to foreign nationals - 2015. 26 March 2015. GOV.UK. pdf.
  12. Web site: CENTRAL CHANCERY OF THE ORDERS OF KNIGHTHOOD | Honours and Awards | the Gazette.
  13. Web site: Cropley . Steve . 19 November 2019 . The future of Jaguar Land Rover, according to CEO Ralf Speth . 2024-04-16 . autocar.co.uk.
  14. Web site: Two senior Jaguar Land Rover staff become Professors at WMG. warwick.ac.uk. en-GB. 2018-04-03.
  15. http://www.tata.com/company/releasesinside/ralf-speth-n-chandrasekaran-join-tata-sons-board Ralf Speth, N. Chandrasekaran join Tata Sons Board
  16. News: JLR CEO Ralf Speth to retire Sept; remain on Tata Sons board: Tata Motors. Business Standard India. 30 January 2020. Press Trust of India.
  17. News: Jaguar Land Rover names former Renault boss Thierry Bolloré as new chief. The Telegraph. Tovey. Alan. 28 July 2020. 28 July 2020.
  18. Web site: Ralf Speth. Royal Society. 20 September 2020.
  19. Web site: TVS appoints Ralf Speth as chairman; Venu Srinivasan to continue as MD . 2022-04-28 . Moneycontrol . 8 February 2022 . en.
  20. Web site: List of all Honorary Graduates and Chancellor's Medallists . 2024-05-01 . warwick.ac.uk.
  21. Web site: JLR chief: Car industry 'most complex on earth'. The Telegraph. 21 January 2013. 29 September 2012.