Tata Motors Ltd has announced the appointment of Marc Llistosella as the Chief Executive Officer (CEO) and Managing Director (MD) of the company. Llistosella will assume the new role from July 1 this year. He takes over this duty from Guenter Butschek who served Tata Motors in the same role for the last five years. Butschek has decided to move back to Germany at the end of his contract for personal reasons. The board of Tata Motors requested Guenter to continue his role till June 30, which he is said to have accepted.
Tata Motors chairman, N Chandrasekaran mentioned “Marc is an experienced automotive business leader with deep knowledge and expertise in Commercial Vehicles over his illustrious career and has extensive operational experience in India. Marc will bring this experience to take the Tata Motors Indian business to even greater heights.”
Llistosella said, “I am delighted to become a part of the unique Tata family. Having been bonded to India for so many years, a new exciting chapter is now opened. We would jointly awaken the potential of Tata Motors.”
Before Tata Motors, Llistosella served as President and CEO of Mitsubishi Fuso Truck and Bus Corporation between 2015-2018, and Head of Daimler Trucks in Asia. He also served the role of MD and CEO of Daimler India Commercial Vehicles Pvt Ltd between 2008-2014. Llistosella is said to have a passion for data analytics, the importance of electrification and renewable energies.
Chandrasekaran also extended his gratitude to Butschek for his efforts in leading the brand during his tenure.
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