Cyrus Mistry to head Tata Motors on an interim basis

Following the sudden demise of Tata Motors’ managing director Karl Slym, the company has announced the appointment of a new interim leadership team, which will provide an oversight of strategy and key aspects of the company’s operations.
The Corporate Steering Committee (CSC) will be headed by Tata Sons’ chairman Cyrus Mistry, who will also chair new product design and engineering review meetings. The CSC comprises all the current members of Tata Motors’ executive committee (Ravindra Pisharody, Satish B Borwankar, C Ramakrishnan, Dr T A Leverton, Ranjit Yadav, Mamillapalle Venkatram, Ankush Arora and Rajesh Bagga).
In a company statement, Mistry said: “We will ensure that the company vigorously pursues and delivers on the strategy which had already been defined and which Karl was executing. The Board expects to appoint a managing director in due course. As the company looks ahead, it is gratifying to note that several new product launches have taken place recently and a robust pipeline is being showcased at this year’s Auto Expo.”