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Guenter Butschek to step down as CEO & MD on June 30: Tata Motors

He will continue as a consultant to the company till the end of this fiscal year, the company said in an exchange filing

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Leading Tata Motors over the last 5 years was an exciting experience. The business fundamentals are stronger, and we are well positioned to leverage the opportunities in both Commercial and Passenger Vehicles, Butschek said

Arindam Majumder New Delhi

2 min read Last Updated : Jun 23 2021 | 10:52 PM IST

Tata Motors announced that Guenter Butschek who had informed his desire to relocate to Germany at the end of the contract for personal reasons, will be stepping down from his role as CEO & MD from June 30, 2021. He will continue as a consultant to the company till the end of this fiscal year.

Pursuant to this, Girish Wagh is being appointed as the Executive Director to the Board of Tata Motors from July 1, 2021. Wagh is the president of commercial vehicles division. The passenger vehicle division will continue to be headed by Shailesh Chandra.

Tata Sons Chairman

Topics : Tata Motors Tata group N Chandrasekaran Tata Sons Ratan Tata Cyrus Mistry Germany

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