Ripplewood Moves on Ford Luxury Brands

Former Ford President Scheele comes on board to help the private equity group nail down a deal for Land Rover and Jaguar
Former Ford and Jaguar executive Sir Nicholas Scheele will lead Ripplewood Holdings' Land Rover and Jaguar acquisition efforts. Bill Pugliano/Getty Images

Another retired auto industry executive has surfaced on the payroll of a private equity firm that's trying to buy a car company. In this case, former Ford Motor (F) President and Chief Operating Officer Sir Nicholas Scheele has signed up with private equity player Ripplewood Holdings to assist in its bid to buy Jaguar and Land Rover from his former employer.

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