FOR IMMEDIATE RELEASE
May 1, 2016
Lorenz Capalad
Lorenz.Capalad@CFOstudio.com
(732)868-0000 x118
David Chambers, CFO of Jaguar Land Rover, N.A. Featured
In Latest Issue of CFO Studio Magazine
SOMERSET, NJ – When David Chambers, Vice President and Chief Financial Officer of Jaguar Land Rover, North America accepted his present role, the company was essentially a start-up. He had worked on the business when it was owned by Ford Motor Co. and was a key individual working on its sale in 2007 to Tata Motors of Mumbai, India.
“Within Ford, Jaguar Land Rover would have never gotten the capital it needed to survive — or to survive and thrive like we’re doing today — because the demands on Ford from a capital perspective were always going to be huge to support its core business,” Chambers said in an interview. That and some of his other candid comments make the Q3 CFO Studio Magazine cover story a fascinating read.
Chambers describes his role in helping to develop the go-to-market strategy for Jaguar Land Rover, N.A. (JLR). The five-year plan the team developed in 2010 resulted in a banner year for Land Rover in 2015, with vehicle sales up 37 percent in that year alone. In 2016 new Jaguar models are being released. Chambers played a big part in setting strategy for their North America debut.
He also discusses using data analytics to pinpoint whether dealers are ordering combinations different from what the British manufacturing plant is turning out. He says the analysis could get at regional differences in consumer preferences, breaking the information down by features such as powertrain (V8 vs. V6). Using data analytics in that way is “probably one of the biggest areas of opportunity,” says Chambers in the article. He elaborates, “We have the ability to influence up front, during the product development, but once the vehicles are here, mastering local market dynamics are where our opportunities are.”
About Jaguar Land Rover
Jaguar Land Rover, with two state-of-the-art engineering and design facilities and four advanced manufacturing plants in the U.K., employs 32,000 people and sells vehicles in 170 countries around the world. The United States is one of the leading global markets for both Jaguar and Land Rover. Headquartered in Mahwah, NJ, Jaguar Land Rover North America, LLC has offices across the U.S. Jaguar Land Rover is represented by more than 330 independently operated retail outlets in the USA.
About CFO Studio
CFO Studio and CFO Studio magazine deploy the best of new and traditional media to promote finance executives as business and strategy thought leaders. The magazine, published quarterly by CFO Studio and underwritten by great promotional partners, features business profiles and strategic advice for CFOs in the New York, New Jersey, and major metropolitan areas including Philadelphia and Chicago. Andrew Zezas is the host of CFO Studio and the Publisher of CFO Studio magazine. The company’s second annual CFO Innovation Conference & Awards were presented at MetLife Stadium in East Rutherford, NJ on May 5, 2016.
Visit www.CFOstudio.com to watch interviews with New Jersey area CFOs, and to register for Executive Dinner events in New Jersey, Manhattan, Philadelphia, Chicago, and San Francisco, and for the CFO Breakfast Learning Series. All events are available to CFOs at no cost. To read stories that have appeared in CFO Studio magazine, or for subscriptions and advertising opportunities, visit www.CFOstudio.com
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