TVS Motor Company is under the spotlight following significant leadership changes within its subsidiary, Norton Motorcycles. Norton CEO Robert Hentschel has announced his immediate resignation from the CEO role. Hentschel will continue to support the company by transitioning to a non-executive director position.
In line with these changes, Norton has appointed Nevijo Mance as Executive Director to oversee upstream operations. This leadership restructuring is part of Norton’s strategic plan to foster growth and enhance operational efficiency, supporting TVS Motor’s expansion strategy in the premium motorcycle segment.
As of 12:45 pm the shares were trading 0.30% higher at ₹2,475.25 on NSE.
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