Tata Motors said Marc Llistosella has been appointed Chief Executive Officer and Managing Director of the company, effective July 1, 2021. He will take over from the current incumbent Guenter Butschek, who has preferred to relocate to Germany, his native place. He was working with Tata Motors over the last 5 years. He has informed the company to end his contract on terms of personal reasons.
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.
Llistosella was most recently the president and CEO of Fuso Truck and Bus Corporation and head of Daimler Trucks in Asia.
“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,” Llistosella said.