Marc Llistosella appointed as CEO and MD of Tata Motors

Tata Motors Ltd. announced the appointment of former Daimler India Commercial Vehicles Chief Marc Llistosella as the Chief Executive Officer and Managing Director effective July 01, 2021. To succeed Guenter Butschek who will be relocating to Germany for personal reasons, averred N Chandrasekaran, Chairman at Tata Motors Ltd. “Marc is an experienced automotive business leader with deep knowledge and expertise in commercial vehicles over his illustrious career and has an extensive operational experience in India.” Thanking Butschek for successfully leading the company for five years, the Chairman appreciated him for accepting the Board of Tata Motors’ request to continue in his role till June 30, 2021. Most recently, the President and CEO of Fuso Truck and Bus Corporation and Head of Daimler Trucks in Asia, Llistosella is known as an old hand well versed with improving the profitability and sales potential of a business. In a glorious stint as the MD and CEO of Daimler India Commercial Vehicles Pvt Ltd. between 2008-14, he is credited with building a greenfield organisation and business unit to develop, produce and sell trucks. He is also credited with the launch of brand BharatBenz in 2012. Expressed Llistosella, “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 TataMotors.” Currently, the Board Member of Einride, Llistosella has extensive domain knowledge in leading business and running sales, marketing and network management, and strategic planning besides in turnaround management. An alumnus of the University of Cologne, he firmly believes in mobility by data analytics and the importance of electrification and renewable energies.