Jaguar Land Rover CEO Ralf Speth to retire in Sept, to stay on Tata Sons board

Ralf Speth, the Chief Executive Officer of Tata Motors' British luxury unit Jaguar Land Rover, will retire in September when his contract ends. Speth, a German engineer, has led the carmaker since 2010. The 64-year-old will stay on the board of Tata Sons and become a Non-Executive Vice Chairman at Jaguar Land Rover.