Jaguar ceo steps down
(twitter.com)
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Dude's old enough that retiring a couple years early is of no consequence. Until his retirment funds are transfered to all the other not-retarded-non-boomers whose careers he burnt down with his own, justice still weeps.
This guy is just a boomer patsy. The guy behind the campaign is still working there (RawdonG lover). Unless the next CEO immediately fires everyone on the first day, Jaguar is still fucked.
Pointless since the replacement will be a DEI hire.
Major companies have revolving-door CEOs who come in, asset strip from the top down (usually cutting the QC department and outsourcing everything possible to India) then cut themselves a nice bonus off the money they "saved" and bail out on a golden parachute as the property burns to the ground. A number of formerly great names have gone this way.
They all have golden parachutes so they will cost their company hundreds of millions and walk away comfy. A buddy of mine worked for allegiant which had a massive scandal where the CEO spent over 1 billion on a hotel in Florida that was a known loss in prime hurricane alley, it cratered, they sold it for 200 million. The ceo was quietly removed with over 10 million in shares to sell. This is a regional airline that makes bank off Vegas flights.
That is a face that's never been punched.
RIP Raw Dong Lover.
isn't it owned by a pajeet
The drastic decline in Jaguar sales was misleading, though. Look it up. They stopped selling their old line of (hydro-carbon) cars and completely replaced it with a new electric line-up.
That's why their sales suddenly crashed so much, because they didn't offer anything to sell. Also, Jaguar is part of a larger conglomerate. It's just one of the brands they own, hence such a radical move.