Williams F1 appoint new CEO

Williams Wednesday announced that Mike O'Driscoll replaces Alex Burns as the CEO of the Formula 1 team with immediate effect.

O'Driscoll, formerly managing director of Jaguar Cars (2007 - 2011) and ex-president of Aston Martin Jaguar Land Rover in North America (2001-2007), has been appointed Group CEO to "guide the long term future of Williams".

The newly created role will see the Williams F1 and Williams Advanced Engineering united under one management structure and will enable O'Driscoll to provide support to team founder Frank Williams and deputy team principal Claire Williams.

"Burns will leave the company with immediate effect. Williams thanks him for the significant contribution he has made to the business and wishes him well in his future endeavours," said Williams in a release.

Frank Williams said: "Mike has been a valued member of our Board since 2011 as a Non-Executive Director and I am delighted that his day to day involvement in the company is to significantly increase. This new role strengthens the company and will help us achieve our goals both on the race track and in diversification."

Williams are yet to score a point after six races in 2013.