Tata Motors MD falls to death in Bangkok

Tata Motors MD falls to death in Bangkok

Tata Motors MD falls to death in Bangkok

Tata Motors Managing Director Karl Slym on Sunday died after apparently falling from a high floor of a five-star hotel in Bangkok where he had gone to attend a board meeting of the company’s Thailand arm.

Slym, 51, seems to have fallen from a high floor of the hotel in Bangkok,  said a company spokesperson, adding that his post-mortem will take place on Monday. The company declined to give more details.

Bloomberg quoted a company spokesperson saying that Slym was staying in the Shangri-La hotel when the incident took place.

A British national, Slym was leading the firm at a time when the auto industry was grappling with prolonged slowdown. He joined the auto major in 2012 as part of a major management overhaul and was responsible for charting out the company’s strategy to regain momentum in the domestic market.

Expressing condolence, Tata Motors Chairman Cyrus P Mistry said: “Karl (Slym) joined us in October 2012, and was a valued colleague who was providing strong leadership at a challenging time for the Indian auto industry. In this hour of grief, our thoughts are with Karl’s wife and family.”

As part of a restructuring exercise, Slym last week had announced a voluntary retirement scheme to a section of employees to rationalise costs.

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