LONDON: Tata Motors Ltd. has appointed former Daimler AG manager Marc Llistosella to become its next chief executive officer after Guenter Butschek asked to step down due to personal reasons.
"Marc is an experienced automotive business leader with deep knowledge and expertise in commercial vehicles” and"extensive operational experience in India,” Tata chairman N Chandrasekaran said in a statement. The Mumbai-based company is largely dependent on its Jaguar Land Rover luxury-vehicle unit and laid out plans last year to cut costs by £2.5 billion .
White hires Indian as their top executives and Indian hires white as their top executive. The only difference is the latter is never so successful in Asian.
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