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Guenter Butschek, ex-COO of Airbus and former Daimler man, is Tata Motors' new CEO and MD
Tata Motors has a new CEO and managing director, after a two-year gap.
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Guenter Butschek (55), ex-COO and an ex-Daimler professional, has now taken the top post at the Indian OEM.
Tata Motors, which has embarked on a turnaround strategy for its passenger vehicle business unit, will look to benefit from Butschek's long stint in the automotive sector as well as his experience of running a big corporation.
Butschek will lead all operations of Tata Motors in India and international markets including South Korea, Thailand, Indonesia and South Africa.
Jaguar Land Rover would continue to be managed by its CEO and director, Dr Ralf Speth, who is also on the Board of Tata Motors. Butschek is expected to join the company by February 15, 2016.
The appointment of Guenter Butschek reflects Tata Motors' efforts in reviving its passenger vehicle business and further consolidating its leadership p