Tata CEO Guenter Butschek to step down from June 30

Butschek will continue as a consultant to the company till the end of this fiscal year.

Tata Motors has announced that Mr Guenter Butschek, who has been heading the company as the MD & CEO will be stepping down from his role from June 30, 2021. However, he will continue as a consultant to the company till the end of this fiscal year. Butschek joined Tata Motors in 2016 and has been leading the company for the last 5 years.

The company has also announced the appointment of Mr Girish Wagh as the Executive Director to the Board of Tata Motors Ltd. From July 1, 2021. He heads Tata's CV business as President - Commercial Vehicles.

Mr Wagh, along with Mr Shailesh Chandra, President - Passenger Vehicles and Mr Thierry Bollore, CEO - Jaguar Land Rover will continue to work closely with the Chairman, Mr N Chandrasekaran.