Reacting to Slyms sudden death, Cyrus Mistry, Tata Motors chairman, said, I am deeply saddened to inform you about the untimely and tragic demise of our companys managing director, Karl Slym. Karl was visiting Bangkok for a meeting of the board of directors of Tata Motors Thailand, and passed away earlier today.
He added, Karl joined us in October 2012, and was a valued colleague who was providing strong leadership at a challenging time for the Indian auto industry. In this hour of grief, our thoughts are with Karls wife and family.
A source said that Slym had fallen from a higher floor at his hotel in the Thai capital, though not many details are available yet. His wife, Sally, had accompanied Slym for his business trip to Thailand.
A Briton and Indophile, Slym previously worked with Toyota in the UK and General Motors for 17 years in Canada, Poland, India and China. He served as the chief of GMs India unit between 2007 and 2011, before moving to China for about a year as the executive vice-president of a GM joint venture company. However, at the request of ex-Tata Group chairman Ratan Tata, Slym returned to India to head Tata Motors domestic and global businesses (except Jaguar Land Rover). (Slym) was providing leadership to the company through a challenging market environment, a Tata Motors statement said.
A Stanford alumnus and a Sloan fellow, Slym was highly respected within auto industry circles and was known for his wit and cheerful demeanour.
In a statement, the Society of Indian Automobile Manufacturers condoled the passing away from Slym, who had earlier also served as the chairman of the SIAM passenger car council and had also been an elected member of the SIAM executive committee since 2007.
We have lost a well-wisher in Karl at a time when the company as well as the industry most needed his global expertise, leadership and guidance, said Vikram Kirloskar, president, SIAM.