Marc Llistosella appointed as the new CEO and MD of Tata Motors

Tata Motors  announced that they have appointed Marc Llistosella to the role of Chief Executive Officer and Managing Director of the firm. The new replacement will be effective from July 1, 2021, the company informed in its BSE filing. 

Marc Llistosella will replace current CEO of Tata Motors Guenter Butschek, who had expressed his desire to to relocate to Germany at the end of the contract for personal reasons. Butschek has accepted the request of the board of Tata Motors to continue as the MD & CEO until June 30, 2021.

Prior to being appointed as CEO of Tata Motors, Marc Llistosella had joined Einride’s board of directors. He was also associated with Mitsubishi Fuso Truck & Bus Corporation as CEO between 2015-2018 and Daimler Trucks Asia as its head between 2008-2014.

Llisotsella has extensive experience in leading business and running sales, marketing and network management as well as strategic planning. He finished his university education from the University of Cologne and is an accomplished automotive executive.

Commenting on his appointment as Tata Motors CEO, 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 opened. We would jointly awaken the potential of Tata Motors.”