Tata Motors stares at empty corner office again; Marc to not join as CEO

With just three months left before Guenter Butschek demits office, it will be tough for the company to find his successor

Tata Motors’ corner office is set to fall vacant yet again. Marc Llistosella, the former Daimler veteran, will not join the company as chief executive and managing director (MD) of its India business, the company said in a stock exchange filing on Friday.
 
Llistosella was scheduled to take over the reins of the company from Guenter Butschek from July 1.
 
The announcement comes as a surprise and gives very little headroom to Tata Motors to find a new successor. Butschek’s term ends in June. “He (Llistosella) cannot relocate to India for personal reasons,” said a person privy to