Ron Dennis has returned as CEO of the McLaren Group, a title that he previously held between 1982 and 2012, and will replace Martin Whitmarsh
He was appointed as Chairman shortly after leaving the CEO position, which is a position that he will retain.
Rumours last season suggested that Dennis would make a return to a more hands-on role, as the team struggled with on-track performance.
How the appointment of Dennis as Chief Executive Officer of the McLaren Group will affect Whitmarsh's position in the team is currently unclear, although it could be the first step in edging the 55-year-old out following a dismal 2013 campaign for the team.
In a statement, the 66-year-old said the main aim of his return was to "improve our on-track and off-track performances" and added that the organisational structure of McLaren could change.
"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.
"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. 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."
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Rumours last season suggested that Dennis would make a return to a more hands-on role, as the team struggled with on-track performance.
How the appointment of Dennis as Chief Executive Officer of the McLaren Group will affect Whitmarsh's position in the team is currently unclear, although it could be the first step in edging the 55-year-old out following a dismal 2013 campaign for the team.
In a statement, the 66-year-old said the main aim of his return was to "improve our on-track and off-track performances" and added that the organisational structure of McLaren could change.
"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.
"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. 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."
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