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Tata now wants Speth to stay on longer, Bloomberg reported on Tuesday, citing people familiar with the matter.
Speth, who turns 65 in September, has led JLR since 2010. He turned around the struggling UK automaker that Tata bought from Ford Motor in 2008.
Speth was due to become JLR’s non-executive vice chairman after his retirement and remain on the board of Tata Sons, the holding company of Tata Motors.