Tata Motors Limited has appointed Marc Llistosella as its new Chief Executive Officer (CEO) and Managing Director (MD). The appointment of Llistosella will be effective from July 1, 2021. He will replace current CEO & MD of Tata Motors, Guenter Butschek, who had expressed his desire to relocate to Germany at the end of the contract for personal reasons. Llistosella is the former president and CEO of Fuso Truck and Bus Corp. and head of Daimler Trucks in Asia.
Important takeaways for all competitive exams: