NEW DELHI: Tata Motors has roped in Marc Llistosella as chief executive officer (CEO) and managing director of the company effective 1 July 2021.

Llistosella will replace current CEO Guenter Butschek, who had expressed his desire to relocate to Germany at the end of the contract for personal reasons. Butschek has accepted the request of the board of Tata Motors to continue as the MD & CEO until 30 June 30 2021.

Llistosella is currently a member of Einride's board of directors. 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, he was based in India between 2008 and 2014 as the MD 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.

Tata Motors chairman N Chandrasekaran 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.”

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.”

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.