Friday, 6 March 2020

Indian car industry growth: Tata Motors CEO and Managing Director Guenter Butschek

The current Chief Executive Officer and Managing Director of Tata Motors Limited is Guenter Karl Butschek (born 21 October 1960). Butschek is also responsible for all other domestic and overseas subsidiaries, joint-ventures, and partners of Tata Motors, with the exception of the UK subsidiary Jaguar Land Rover Automotive Plc, in addition to managing Tata Motors ' India business. Following almost two years of the global quest, he took over on February 25, 2016. He is the highest-paid CEO of Indian automotive companies. He had been Airbus CEO for four years before, previously 25 years at Daimler AG.

Who is Guenter Butschek?

Mr. Guenter Butschek is the Company's, Chief Executive Officer. Mr. Butschek was the last member of the Airbus Group to serve as Chief Operating Officer of Airbus and as Member of the Executive Board. Mr. Butschek worked at Daimler AG before Airbus, where he had over 25 years of experience in international automotive management, operating functions such as production, industrialization, and procurement. He has rich strategic expertise in the development of new industries and rising organizations.

Education

Mr. Butschek graduated from the Stuttgart University of Cooperative Education with a diploma in Business Administration and Economics.

Speculation over my future in Tata Motors annoying: Said CEO Butschek Guenter Butschek today expressed speculation about his future as Tata Motors MD and CEO following the changing leadership of Tata Sons as "irritating," that he was hired purely for professional good and not for personal loyalty. Butschek, former Airbus COO, was appointed as Chairman of Tata Sons Cyrus Mistry in January last year.

There have been speculations over his continuation after the change of guard at Tata Sons, with some high-profile appointments by Mistry, including Rakesh Sarna of IHCL, leaving the Tata Group. The Airbus former CEO, Butschek, was appointed to lead the home-grown automotive giant in January of last year by Cyrus Mistry, the exiled chairman of Tata Sons. The fact that I was hired by the previous leadership of Tata Sons has nothing to do with my allegiance to Tata Sons and to Tata Motors, "Guenter said here to PTI. His expertise in "real, foreign and particularly turnaround experience was at that time considered to be a key requirement for Tata Motors."

Butschek called it speculation and said: "People were actually reading between lines, where nothing is available between the lines." He added, "I am conscious of these rumors and I find these rumors extremely annoying. Bullish on the company's future He said, "I believe if we could get back to track the backbone of Tata Motors, the CV, and in particular the M&HCV, we can then unlock a lot of the potential of this organization, which I consider to be an extremely exciting opportunity, and I would love to be part of it."

Tata Motors Ltd

Tata Motors Limited produces cars and commercial cars in India. The company designs, manufactures and sells large commercial, medium and small commercial vehicles, including trucks, petrol tankers, freight vehicles, buses, ambulances, and minibusses. Tata also produces small cars and utility sports vehicles.

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