Tata Motors introduced that Guenter Butschek who experienced informed his want to relocate to Germany at the end of the agreement for personal motives, will be stepping down from his position as CEO & MD from June 30, 2021. He will continue as a guide to the company until the end of this fiscal year.
Pursuant to this, Girish Wagh is getting appointed as the Government Director to the Board of Tata Motors from July 1, 2021. Wagh is the president of industrial automobiles division. The passenger auto division will continue to be headed by Shailesh Chandra.
Tata Sons Chairman N Chandrasekaran stated, “I would like to thank Guenter for primary Tata Motors properly more than the past five a long time and building a potent foundation for the foreseeable future. I appear forward to his ongoing inputs as a guide to the company.”
In advance of Butschek, Tata Motors