Tata Motors announced on June 23 that Mr Guenter Butschek will be stepping down from his role as CEO & MD from June 30, 2021 but will continue as a consultant to the company till the end of this fiscal year.
Pursuant to this, Mr Girish Wagh is being appointed as the Executive Director to the Board of Tata Motors from July 1.
Tata Motors said its domestic business has successfully transitioned to a Business Unit structure with the Commercial Vehicles Division headed by Mr Wagh and the Passenger Vehicle Division headed by Mr Shailesh Chandra.
The new structure will be: Mr Girish Wagh, President – Commercial Vehicles, Mr Shailesh Chandra, President – Passenger Vehicles and Mr Thierry Bollore, CEO – Jaguar Land Rover.