Tata Motors Limited announced that Marc Llistosella has been appointed to the role of Chief Executive Officer and Managing Director of the company effective 1st July 2021.
Tata Motors found its new CEO and Managing director in Marc Llistosella, the man who launched Bharat Benz in India in 2012. He is currently the Board Member of Einride and prior to that he was associated for a long time with Daimler Trucks. Most recently he was the President and CEO of Mitsubishi Fuso Truck and Bus Corporation between 2015-2018 where he worked on improving the profitability and sales potential of the business.
Prior to that, between 2008-2014, Marc Llistosella, worked for an extended period and was based out of India as the Managing Director and CEO of Daimler Commercial Vehicles India where he built a greenfield organization and business unit to develop, produce and sell trucks and launched Bharat Benz in 2012 and made it a successful brand in a short period of time.
Marc Llistosella 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.
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.”
Commenting on his appointment Marc 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.”
GuenterButschek has informed his desire to relocate to Germany at the end of the contract for personal reasons. He has kindly accepted the request of the Board of Tata Motors to continue as the MD & CEO till 30th June 2021.