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Marc Llistosella named as new CEO and MD of Tata Motors Ltd

Llistosella’s new role will be effective from July 1. He is currently the Board Member of Einride. Most recently, he was President and CEO of Mitsubishi Fuso Truck and Bus Corporation. Guenter Butschek will relocate to Germany but will continue as the MD and CEO till June 30

Marc Llistosella

Tata Motors Limited has announced that Marc Llistosella has been appointed as the Chief Executive Officer (CEO) and Managing Director of the company effective July 1, 2021.

N Chandrasekaran, Chairman, Tata Motors Limited, said, “I am delighted to welcome Marc to Tata Motors. Marc is an experienced automotive business leader with deep knowledge and expertise in commercial vehicles over his illustrious career and has extensive operational experience in India. Marc will bring this experience to take the Tata Motors Indian business to even greater heights.”

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Llistosella is currently the Board Member of Einride and prior to that, he was associated for a long time with Daimler Trucks. Most recently, he was the President and CEO of Mitsubishi Fuso Truck and Bus Corporation between 2015 and 2018, where he worked on improving the profitability and sales potential of the business.

Prior to that, between 2008and 2014 for an extended period, he was based in India as the Managing Director and CEO of Daimler Commercial Vehicles India where he built a greenfield organisation and business unit to develop, produce and sell trucks and launched BharatBenz in 2012 and made it a successful brand in a short period of time.

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Commenting on his appointment Llistosella said, “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 Tata Motors.”

Guenter Butschek has informed his desire to relocate to Germany at the end of the contract for personal reasons. He has kindly accepted the request of the Board of Tata Motors to continue as the      MD and CEO till June 30, 2021.

Chandrasekaran added, “I would like to thank Guenter for leading Tata Motors successfully over the last five years.”

Llistosella is an experienced automotive executive with a long track record in greenfield projects, turnaround management and leading organisations as CEO and managing director.

Marc passionately believes in mobility by data analytics, the importance of electrification and renewable energies.

Llistosella has extensive experience in leading business and running sales, marketing and network management as well as strategic planning

He finished his university education from the University of Cologne and is an accomplished automotive executive.

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