Chetan Maini Quits as Reva CEO

[vm2011]

Chetan Maini who founded Reva more than two decades ago, has resigned as CEO of the electric car company now owned by Mahindra & Mahindra. He will be replaced by Arvind Mathew, a former managing director of Ford in India.
While Maini is stepping down from his position of CEO, he will continue to hold his stake position in the company. However, Chetan Maini's own stake position has been consistently coming down since M&M took over. Maini had a stake of over 5.5% at the time of takeover, at the end of FY14, his stake position came down to 3.57% in the company.

Chetan Maini quits as Reva CEO; to be replaced by ex-Ford India MD Arvind Mathew - The Economic Times

 

[vikyjoshi]

So is Chetan Maini on the way to Tata motors?

you see, Mayank Pareek, left suzuki and joined Tata Motors,
Behram Dhabhar left M&M and joined Tata motors,
Chetan Maini too seems to be on the same route, why because have read that Tata are going to launch electric Ace, a hybrid Manza and impetus on electric vehicles. Why not have the pioneer in commercial implementation in India on board?

 

[Akash1886]

Update

Maini will be replaced by Arvind Mathew, former managing director of Ford India, as the CEO of the electrical vehicle subsidiary effective from May 1, 2015.

Link

Regards

Akash