Business 

Guenter Butschek leaving Tata Motors?

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Butschek was focused on executing the “transformation” road map set out five years ago to turn the business around and be better prepared to deal with a crisis.

Synopsis

Tata Motors has had a history of expats in key positions, including group CEO Carl Peter Forster. This time, though, Tata Motors may appoint an Indian CEO, according to people aware of the matter.

Mumbai: Top headhunters have begun approaching Tata Motors to pitch for the mandate to find a successor to managing director Guenter Butschek amid speculation that he hasn’t sought an extension of his term ending next month.Butschek has been working out of his home country Austria since the lockdown in 2020 and has not returned to India. Top officials familiar with the development said it is critical for someone to be in the country, instead of

BY

ET Bureau

3 mins read, Last Updated:

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