Daimler man to be Tata Motors CEO
Tata Motors 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.
“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,” Tata Motors chairman N. Chandrasekaran said.
Marc will bring this experience to take the Tata Motors’ Indian business to even greater heights, he said.
Llistosella said, “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”.