The McLaren Group have announced that Ron Dennis CBE has been re-appointed Group Chief Executive Officer of McLaren Group with immediate effect.
Dennis, who previously held the role from 1982 until 2012, is already Chairman of the group, and has been a shareholder of McLaren since 1980. He was the longest serving Team Principal of the McLaren F1 Team, relinquishing control to Martin Whitmarsh in 2009. Whitmarsh had taken on the role of CEO in 2013, but has now lost that position to Dennis.
“My fellow shareholders have mandated me to write an exciting new chapter in the story of McLaren, beginning by improving our on-track and off-track performance,” he said following his appointment. “Over the coming weeks I intend to undertake a thorough and objective review of each of our businesses with the intention of optimising every aspect of our existing operations, whilst identifying new areas of growth that capitalise on our technologies, and where appropriate further investing in them.”
“During February, I will articulate a new Group strategy and implement the organisational structure best suited to achieving it.” he continued. “I am excited by the prospect of returning to the role of Group Chief Executive Officer and working with my many colleagues and fellow shareholders to fulfil our objective – which is to win at whatever we do.”
The McLaren Group encompasses the F1 team, Automotive, Applied Technologies, GT3 Racing and Absolute Taste.