Appointments and Exits in Automobile Sector

Hyundai Motors:

Hyundai Motor India has elevated R. Sethuraman, Senior Vice-President – Finance and Corporate Affairs, as a member of the board. He will continue to handle Finance and Corporate Affairs function at the company and would also act as a trustee of Hyundai Motor’s Corporate Social Responsibility arm Hyundai Motor India Foundation. R Sethuraman, has been with the company for last 13 years.

Tata Motors :

Tata Motors, has appointed Karl Slym (ex General Motors) as Managing Director of the company. He succeeds  P.M. Telang who superannuated from the company in June 2012. Karl, was most recently heading General Morors, China and earlier was heading the India business for General Motors.

Karl Slym will lead all operations of Tata Motors in India and international markets including South Korea, Thailand, Spain, Indonesia and South Africa.

Karl, a Stanford University graduate and a Sloan fellow has had a 17-year career in General Motors in various positions in different geographies, and is expected to take over his new role effective October 2012.

General Motors:

Sumit Sawhney, Vice President Sales & Marketing for General Motors India, has quit from his role with the company. Sumit, who is widely recognised as the face of the company had a 12 year stint with General Motors, having joined in 2000.

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