Ron Dennis is back in charge at McLaren and will be taking a "thorough and objective review" of the operation in the coming weeks.
The McLaren Group have announced that Dennis has been appointed to the additional role of Group Chief Executive Officer of McLaren Group with immediate effect.
The Brit's new position comes amidst rumours that Martin Whitmarsh's position as McLaren team boss is under threat.
But while Dennis made no mention of that, he has vowed to review the team's operations.
"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.
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