Cyrus Mistry headed panel to manage Tata Motors

Written by fe Bureau | New Delhi | Updated: Feb 7 2014, 18:21pm hrs
To fill the leadership void left by the sudden demise of its managing director Karl Slym, Tata Motors on Thursday announced the appointment of a new interim leadership team headed by Tata Sons chairman Cyrus Mistry. Mistry will also chair new product design and engineering review meetings.

As an interim measure, consequent upon the sudden demise of the companys managing director Karl Slym, a corporate steering committee (CSC) will provide oversight of strategy and key aspects of the companys operations, a company statement said.

Mistry will chair the CSC, which comprises all the current members of the companys executive committee such as commercial vehicle business head Ravindra Pisharody, and passenger vehicles arm head Ranjit Yadav, besides Satish B Borwankar, C Ramakrishnan, TA Leverton, Mamillapalle Venkatram, Ankush Arora and Rajesh Bagga.

To ensure leadership continuity, the board of Tata Motors has constituted a CSC to oversee strategy execution and key aspects of operations. The board expects to appoint a managing director in due course, Mistry said.

He added, As communicated to all Tata Motors employees by me on January 30, during the condolence meeting held in the memory of Karl, we will ensure that the company vigorously pursues and delivers on the strategy which had already been defined and which Karl was executing.

Slym, an ex-General Motors official, was appointed as the MD of Indias largest automaker in October 2012.