Fleet News

Browning quits Jaguar after Nasser's departure from Ford

JAGUAR managing director Jonathan Browning has left the company after management at Ford's Premier Automotive Group was restructured.

Ford Motor Company confirmed on Tuesday that Jac Nasser will step down as chief executive after less than three years in the job, but denied the two departures were linked.

Browning's resignation comes after Ford announced that senior management from its three British PAG marques - Jaguar, Land Rover and Aston Martin - would be brought together in a new operating committee led by Land Rover chief executive Bob Dover.

Browning is succeeded by Mike Beasley, currently Jaguar's Executive Director responsible for Engineering and Manufacturing.

William Clay Ford Jr has taken over as Ford's chief exexcutive as part of a wider restructuring at the top, in which former Jaguar boss Nick Scheele becomes chief operating officer.

Industry commentators predicted Nasser's imminent demise when he was forced to share executive control of the company with William Ford - the great grandson of Henry Ford - in August this year ('See Also' section right).

Nasser succeeded Alex Trotman as head of Ford in January 1999 and embarked upon a radical redevelopment of the company which included the acquisition of Volvo and Land Rover and the establishment of the PAG under ex-BMW boss Dr Wolfgang Reitzle.

More recently, however, Nasser's reign was tainted by mounting losses and a long-running scandal involving the recall of millions of Ford vehicles fitted with Firestone tyres.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee