Tata Motors Appoints Guenter Butschek as CEO and Managing Director
Highlights
Butschek joins Tata Motors after his last assignment at Airbus Group where he served as Chief Operating Officer and Member of the Group Executive Committee. Prior to Airbus, he worked with Daimler AG for more than 25 years in international automotive management, leading functions like production, industrialization and procurement. Butschek, 55, graduated in Business Administration and Economics with a diploma from the University of Cooperative Education Stuttgart, Germany.
Cyrus P. Mistry, Chairman, Tata Motors, said, "Tata Motors is going through an exciting yet challenging phase and Mr Butschek's appointment comes at an opportune moment. He brings with him rich global experience of growing organizations and developing new markets. I am confident that Mr Butschek's ability to lead high performing teams will enable our company to achieve sustainable, profitable growth."
Tata Motors is all set to launch a bunch of new products in India and the Zica will come to India in February this year. While there is also a compact sedan version coming too, Tata Motors is gearing up for a year that promises a lot more for not only the brand but also its product portfolio.
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