Tata Motors Ltd appoints Marc Llistosella as new CEO and MD with effect from 1st July

Tata Motors has appointed Mr Marc Llistosella as its Chief Executive Officer and Managing Director with effect from 1st July 2021. 

Talking about Llistosella’s appointment, Mr N Chandrasekaran, Chairman, Tata Motors Limited said, “I am delighted to welcome Marc to Tata Motors. 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.” 

Mr Llistosella was most recently the President and CEO of Fuso Truck and Bus Corporation and Head of Daimler Trucks in Asia. He was earlier the MD and CEO of Daimler India Commercial Vehicles Pvt Ltd. 

Commenting on his appointment Mr 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 opening. We would jointly awaken the potential of Tata Motors.”

Mr Guenter Butschek who has been serving as the MD & CEO of Tata Motors has informed his desire to relocate to Germany at the end of the contract for personal reasons. He will however continue as the MD & CEO till 30th June.