Marc Llistosella joins Tata Motors as CEO and MD

Tata Motors Limited has announced the appointment of Mr Marc Llistosella as CEO and MD. His appointment will be effective from 1st July 2021. Mr Llistosella was most recently the President and CEO of Fuso Truck and Bus Corporation. Mr Guenter Butschek (Current CEO and MD) will retain his position till 30th June 2021. Post which, he wishes to relocate to Germany for personal reasons. Mr Chandrasekaran, Chairman, Tata Motors thanked Guenter “for leading Tata Motors successfully over the last 5 years.”

Talking about the appointment, Chandrasekaran praised Marc and his prior experience. He said, “Marc is an experienced automotive business leader. He has deep knowledge and expertise in Commercial Vehicles over his illustrious career and has extensive operational experience in India. Thus, Marc will bring this experience to take the Tata Motors Indian business to even greater heights.”

About Marc Llistosella

Mr Marc Llistosella, an experienced automotive executive, has a long track record in greenfield projects, turnaround management and leading organizations as CEO and MD. He passionately believes in mobility by data analytics, the importance of electrification and renewable energies. Currently, he is the Board Member of Einride. Before that, he was the Head of Daimler Trucks in Asia. He was earlier the MD and CEO of Daimler India Commercial Vehicles Pvt Ltd. He launched the BharatBenz in 2012 and made it a successful brand in a short period of time.

Expressing his delight on the appointment, Mr 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.”

Mr Llistosella has extensive experience in leading business and running sales, marketing and network management as well as strategic planning. He finished his university education at the University of Cologne.

Read More: Tata Motors result: Q3 net profit surges 67% to ₹2,906 cr