Guenter Butschek to step down as Tata Motors MD and CEO The auto major also said it has elevated Girish Wagh as executive director with effect from July 1, 2021 Tata Motors on Wednesday said Guenter Butschek will step down as its MD and CEO with effect from June 30. He will, however, continue as a consultant to the company till the end of this fiscal year. The auto major also said it has elevated Girish Wagh as executive director with effect from July 1, 2021. Advertisement Wagh heads the company’s commercial vehicle operations. In a late night statement, the auto major noted that Butschek, who had informed the company about his desire to relocate to Germany at the end of the contract for personal reasons, will be stepping down from his role as CEO and MD from June 30, 2021.