The latest top Tata Motors official to call it quits is Vinod Sahay, head of sales and marketing, in-charge for intermediate, medium and heavy commercial vehicles. This is the first high-profile exit from the automaker’s CV division in recent times.
The company confirmed that Mr Sahay is currently serving his notice period which will end on June 30. He is headed to Mahindra Two Wheelers where he will be designated as Chief Operating Officer. His shoes will be filled by Rajesh Kaul who is currently the business head of CVLCV & SCV Cargo.
Mr. Sahay’s exit is said to create a significant vacancy at Tata Motors since he has also been spearheading CV unit’s key account management, analytics project, scenario planning, telematics, loyalty program, etc. He also played a crucial role in creation and execution of LCV turnaround strategy in 2003-05.
In the advent of strong competition from new brands like BharatBenz, Volvo-Eicher Pro, Tata’s market share in CV space fell by 10% over the last few years. Mr. Sahay’s exit at this crucial juncture could mount more pressure on country’s largest CV maker.
Meanwhile, at his new work place, the top executive faces monumental challenges such as launching the much delayed Mahindra Mojo, introducing premium Peugeot scooters brand in India and increasing the struggling sales of existing portfolio.
Via – EconomicTimes.com