Jan 16, 2014, 1:48 PM EDT
Ron Dennis is back in charge at McLaren.
Dennis, the former CEO of McLaren Group from 1982 to 2012 and former team principal for McLaren’s Formula One program from 1982 to 2009, has been appointed to the CEO post with immediate effect.
Saying that company shareholders have “mandated [him] to write an exciting new chapter in the story of McLaren,” Whitmarsh laid out some short-term plans for the Group in his statement.
“Over the coming weeks, I intend to undertake a thorough and objective review of each of our businesses with the intention of optimizing every aspect of our existing operations, whilst identifying new areas of growth that capitalize on our technologies, and where appropriate, further investing in them,” he said.
“During February, I will articulate a new Group strategy and implement the organizational structure best suited to achieving it. 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 fulfill our objective – which is to win at whatever we do.”
The news could have a major impact on the F1 side, as Dennis is replacing current team principal Martin Whitmarsh as CEO.
Considering Dennis’ comments on a new strategy for McLaren, Whitmarsh’s job may very well be in trouble at this time – although it must be stressed that he remains in the fold for now.
McLaren, as a whole, could be in for a major jolt after the team suffered through a woeful 2013 in which it failed to hit the podium for the first time since the 1980 season.
According to BBC F1 writer Andrew Benson, Dennis told the staff “there will be change” at a meeting today in the team’s Woking headquarters. He also said “we will win again.”
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