Tata Motors Finally Names New Chief Executive Officer

  • Wednesday, 20 January 2016 03:43

After two years of interim CEO, Cyrus Mistry, filling in for the deceased ex-CEO Karl Slym, Tata Motors has finally found a permanent replacement.

Former Airbus and Diamler executive, Guenter Butschek, is expected to officially take over from Mystry on February 15, serving as both the CEO and the Managing Director, and will oversee the company’s India, Indonesia, South Africa, South Korea and Thailand branches.

Both the CEO and MD position had been empty since the previous CEO, Karl Slyn, died after falling off a Bangkok hotel. Butschek brings with him, 25 years of experience in Diamler and tenure as the president and CEO of the maker of Mercedes Benz’s China arm.

Tata Motors isn’t exactly at their prime at the moment, dropping from their vaunted status as India’s undisputed automotive manufacturer to the current sixth largest car maker in India, and will be hoping that Butschek will be the catalyst that propels them up India’s automotive ladder.

“Tata Motors is going through an exciting yet challenging phase and Butschek’s appointment comes at an opportune moment” said Mistry. “He brings with him rich global experience of growing organisations and developing new markets.”

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  • Last modified on Wednesday, 20 January 2016 03:51
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