Tata Motors has brought in former Airbus chief operating officer Guenter Butschek as its chief executive officer & managing director, two years after the death of its former managing director Karl Slym.
Tata Motors has appointed Guenter Butschek as CEO & MD. Butschek will lead all operations of Tata Motors in India and in international markets, including South Korea, Thailand, Indonesia and South Africa,” the company said in a statement. Jaguar Land Rover would continue to be managed by its chief executive officer and Director, Ralf Speth, who is also on the Board of Tata Motors, it said. Butschek (55) is expected to join the company by February, 15, 2016, the company said.
Tata Motors chairman Cyrus P Mistry said, “Tata Motors is going through an exciting yet challenging phase and Butschek’s appointment comes at an opportune moment. He brings with him rich global experience of growing organisations and developing new markets.” Butschek’s ability to lead high performing teams will enable the company to achieve sustainable, profitable growth, Mistry said. The post of managing director of Tata Motors has been vacant since the death of Karl Slym on January 26, 2014 after falling from a hotel building in Bangkok.