Latest news with #RalfSpeth
India.com
3 days ago
- Automotive
- India.com
Sudarshan Venu Appointed Chairman of TVS Motor Company, Effective August 25, 2025
Bengaluru – TVS Motor Company has announced a significant leadership transition, appointing Sudarshan Venu as the new Chairman and Managing Director of the company, effective August 25, 2025. The decision was made unanimously by the Board of Directors in recognition of Venu's outstanding contributions to the company's strategic growth and performance over the years. Sudarshan Venu currently serves as Managing Director and will now take over from Sir Ralf Speth, who has led the company as Chairman since 2022. Sir Speth will step down from his role at the conclusion of the Annual General Meeting (AGM) on August 22, 2025. However, he will continue to play a crucial role in the company as Chief Mentor for a period of three years, starting August 23. Chairman Emeritus Venu Srinivasan praised the leadership of Sir Ralf Speth, stating, 'His contributions have been invaluable in guiding our strategic expansion into global markets and fostering innovation. We are grateful for his continued support as Chief Mentor for TVS Motor and in welcoming Sudarshan into his new role.' Sir Ralf Speth expressed confidence in the transition, saying, 'It has been an honour to steer TVS Motor over the past three years. I am confident that under Sudarshan's leadership, the company will continue its growth journey, championing the core values of TVS. His passion and vision for the business make him the ideal leader for the next chapter.' Reacting to his appointment, Sudarshan Venu said, 'I am honoured by the Board's trust and excited about the journey ahead. TVS has been built on strong values of customer centricity, quality, and innovation. As we move forward, we aim to build on these strengths while embracing future opportunities. I am especially thankful for Sir Ralf's mentorship, which has played a key role in our global expansion and innovation efforts.' The leadership transition marks a new era for TVS Motor Company, as it continues its push into global markets and invests in future technologies and mobility solutions.
National Post
3 days ago
- Automotive
- National Post
TVS Motor Announces Sudarshan Venu as Chairman of the Company Effective August 25, 2025
Article content BENGALURU, India — TVS Motor Company announced today that The Board of Directors unanimously named Mr Sudarshan Venu as incoming Chairman of the Company, in recognition of his exemplary contributions to the Company's sustained growth and strategic development during his tenure as Director. Effective August 25, 2025, Mr Sudarshan Venu will be appointed as Chairman and Managing Director. Article content Its current chairman, Sir Ralf Speth, has informed The Board of Directors 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. Article content Article content 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. Article content Mr Venu Srinivasan, Chairman Emeritus, TVS Motor Company Article content ' Article content I express my sincere gratitude to 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. We are grateful for his continued support as Chief Mentor for TVS Motor and in welcoming Sudarshan into his new role. I am confident that Sudarshan, who in his capacity as Managing Director has demonstrated tremendous growth for the business, will take the Company to even greater heights Article content .' Article content , said, Article content ' Article content 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 Sudarshan, I am confident that under his leadership, the Company will continue its growth journey while championing core TVS values. Sudarshan's dynamism and passion underscore his vision for the business, and I am confident that TVS is in safe, responsible hands. I wish Sudarshan and TVS Motor a bright future ahead Article content , said, Article content ' Article content 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. Article content ' Article content Sir Ralf has been instrumental in challenging and mentoring us to expand more globally, onboard international talent, embrace newer processes, and invest in future products and technology. I look forward to his continued mentorship as our Chief Mentor. Importantly, TVS has grown due to the passion and energy of the entire team. I look forward to the continued partnership in our shared future. Article content About TVS Motor Company Article content TVSM is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. Our group company Norton Motorcycles, based in the UK, is one of the most emotive global motorcycle brands. Our subsidiaries Swiss E-Mobility Group and EGO Movement have a leading position in the e-bike market in Switzerland. Article content Article content Article content Article content Article content
The Hindu
3 days ago
- Automotive
- The Hindu
TVS Motor board names Sudarshan Venu as chairman
TVS Motor Company Ltd. said its board has unanimously named Sudarshan Venu as incoming chairman of the company. Effective August 25, 2025, he will be appointed as chairman and managing director, the company said in a statement. The current chairman, Sir Ralf Speth, had informed the board that he would not seek re-appointment as a company director at the upcoming annual general meeting (AGM). Consequently, he will step down as chairman at the close of the AGM on August 22, 2025. The board has decided to appoint Sir Ralf Speth as chief mentor of the company for a period of three years effective August 23, 2025. Venu Srinivasan, Chairman Emeritus, TVS Motor Company, said, 'I express my sincere gratitude to 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.' 'We are grateful for his continued support as chief mentor for TVS Motor and in welcoming Sudarshan into his new role. I am confident that 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. Sir Ralf Speth, said, 'It has been an honour for me to steer TVS Motor Company as its chairman over the last three years. As I hand over the chairmanship to Sudarshan, I am confident that under his leadership, the Company will continue its growth journey while championing core TVS values.' Mr. Sudarshan Venu, said, '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.'
The Hindu
4 days ago
- Automotive
- The Hindu
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.
Time of India
4 days ago
- Automotive
- Time of India
TVS Motor appoints Sudarshan Venu as new Chairman and MD
TVS Motor Company has announced that Sudarshan Venu will become the Chairman and Managing Director , effective August 25, 2025. He will succeed Ralf Speth , who will step down on August 22, 2025, after the Annual General Meeting (AGM) and transition to the role of Chief Mentor for three years. The decision acknowledges Venu's contributions to the company's growth, while Speth's move allows him to continue supporting TVS Motor with his expertise. Venu Srinivasan, Chairman Emeritus, TVS Motor Company, said "I express my sincere gratitude to Ralf for his exceptional leadership as Chairman over the last three years. I am confident that Sudarshan, who in his capacity as Managing Director has demonstrated tremendous growth for the business, will take the Company to even greater heights. Sudarshan Venu 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. 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"
