Tata Motors Thursday said its Managing Director for the Indian Operations, P M Telang has retired from the company after attaining the age of superannuation.
New Delhi: Tata Motors Thursday said its Managing Director for the Indian Operations, P M Telang has retired from the company after attaining the age of superannuation.
With the search for his successor on, the company said the overall responsibility of the firm would be taken care of by an interim committee comprising its Chairman Ratan Tata and Vice-Chairman Ravi Kant.
"P M Telang, Managing Director -- India Operation, Thursday retired from the company on attaining the age of superannuation and stepped down from the board of the company," Tata Motors said in a statement.
When asked about Telang's successor, a Tata Motors spokesperson said: "The process to fill the vacancy is on and we will make an announcement as soon as it is completed."
While declining to comment how long the process will take, the spokesperson said, "In the interim period, the overall responsibility of the company will be taken care of by a committee comprising the Chairman and the Vice-Chairman."
After spending the first three years of his career with Larsen & Toubro, Telang had joined the Tata group through Tata Administrative Service cadre.
Ever since, he was with the company responsible for product development, manufacturing, sales and marketing functions of the strategic business unit of Light and Small commercial vehicles.
Telang was Executive Director (Commercial Vehicles) of the company since May 2007 and was elevated as the Managing Director ? India operations with effect from June 2, 2009.
Tata Motors further said it has also appointed two new Executive Directors -- Ravindra Pisharody and Satish Borwankar.
While Pisharody has been appointed as the Executive Director for Commercial Vehicles, Borwankar has been appointed as the Executive Director for Quality, Vendor Development and Strategic Sourcing, the company said.
Pisharody is currently working as the President of the Commercial Vehicles Business Unit.
Borwankar is currently the Senior Vice President of Manufacturing Operations for the Commercial Vehicles Business Unit, Tata Motors said.