Cyrus Mistry to head Tata Motors on an interim basis

Tata Sons' chairman Cyrus Mistry is to head the new interim leadership team at Tata Motors following the sudden demise of managing director Karl Slym. Mr Mistry will head the Corporate Steering Committee (CSC) that 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). He will also chair Tata Motors' new product design and engineering review meetings.

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.”