Sudarshan Venu to take over as chairman of TVS Motor
TVS Motor Company on Thursday (June 5, 2025) said its board has named its current managing director Sudarshan Venu as also its incoming Chairman. Effective August 25, 2025, Mr. Venu will be appointed as chairman and managing director.
The appointment is in recognition of his exemplary contributions to the company's sustained growth and strategic development during his tenure as director, the company said in a statement.
TVS Motor said its current chairman Sir Ralf Speth, has informed its board that he will not be seeking re-appointment as a company director at the upcoming Annual General Meeting (AGM). Consequently, he will step down as chairman of the company at the close of the AGM on August 22, 2025.
The board will also be appointing Sir Ralf Speth as chief mentor of the company for a period of three years effective August 23, 2025, ensuring continued benefit from his extensive knowledge, experience and expertise.
'I express my sincere gratitude to Mr. Ralf for his exceptional leadership as chairman over the last three years. His contributions have been invaluable in guiding our strategic expansion into global markets and fostering innovation that has significantly strengthened our industry standing,' Venu Srinivasan, chairman emeritus, TVS Motor Company, said.
We are grateful for his continued support as chief mentor for TVS Motor and in welcoming Mr. Sudarshan into his new role. I am confident that Mr. Sudarshan, who in his capacity as managing director has demonstrated tremendous growth for the business, will take the company to even greater heights, he added.
'It has been an honour for me to steer TVS Motor company as its chairman over the last three years. I am grateful for the support, cooperation, and personal friendships developed during my tenure. As I hand over the chairmanship to Mr. Sudarshan, I am confident that under his leadership, the company will continue its growth journey while championing core TVS values. Mr. Sudarshan's dynamism and passion underscore his vision for the business, and I am confident that TVS is in safe, responsible hands. I wish Mr. Sudarshan and TVS Motor a bright future ahead,' Sir Ralf Speth said.
'I am very thankful to the board for giving me this singular opportunity. I am really honoured and excited for the future and look forward to their continued support. TVS has been built on our chairman emeritus's commitment to customer centricity, quality and technology. As we look to the future we have to build on these values while capitalising on new opportunities and reimagining for the future. I am most grateful to him for his continued guidance,' Mr Sudarshan said.
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