India Business News: Daimler veteran Marc Llistosella will replace Guenter Butschek as the CEO of Tata Motors. The management restructuring comes amid Tata Motors striving
Updated Feb 13, 2021 | 00:15 IST
Marc Llistosella is currently on the board of Swedish transport company Einride and prior to that, he was associated for a long time with Daimler Trucks. Marc Listosella, MD & CEO, Tata Motors I Source: LinkedIn | Photo Credit: Twitter
Tata Motors on Friday said it has appointed Marc Llistosella as its Chief Executive Officer and Managing Director. He is the former President and CEO of Fuso Truck and Bus Corporation and Head of Daimler Trucks in Asia.
Llistosella, whose appointment will be with effect from July 1, 2021, will succeed Guenter Butschek, who has expressed his desire to relocate to Germany at the end of the contract for personal reasons, Tata Motors said in a regulatory filing.
Read more about Tata Motors appoints Marc Llistosella as new CEO and managing director on Business Standard. Llistosella replaces Guenter Butschek whose five year tenure is coming to an end later this month