TVS Motor Company announced the appointment of Peyman Kargar as its new Director & Chief Executive Officer (CEO), effective January 27, 2027. Kargar, currently President of International Business, will succeed K. N. Radhakrishnan, who will transition to a Non-Executive Director role. This strategic leadership change aims to drive the company’s next phase of growth and innovation in both domestic and global markets.
Leadership Transition at TVS Motor Company
TVS Motor Company has announced a significant leadership change, appointing Peyman Kargar as its new Director & Chief Executive Officer (CEO). This appointment is effective January 27, 2027. The move signals the company’s strategic intent to accelerate its growth and innovation trajectory.
Succession Plan and New Role
Peyman Kargar, who currently serves as the President of International Business, will take over the CEO responsibilities from K. N. Radhakrishnan. Radhakrishnan will continue in his role as Director & CEO until January 27, 2027, after which he will assume the position of Non-Executive Director until the ensuing Annual General Meeting (AGM) scheduled for July 2027. The company highlighted Radhakrishnan’s pivotal role in its growth.
Strategic Vision for Future Growth
TVS Motor Company anticipates that Kargar’s extensive global experience in the automotive industry will be instrumental in consolidating its position in India and expanding its international presence. The company reported a record performance in FY2025-26, selling 5.9 million vehicles globally and achieving 30% revenue growth. Kargar’s leadership is expected to focus on product innovation, premiumisation, and expansion into developed markets.
Kargar’s Background
Peyman Kargar brings over three decades of experience in the global automotive sector, having held senior leadership positions with renowned brands such as Nissan and Renault. His expertise spans engineering, manufacturing, project management, quality, sales, and business development. Previously, he served as Global Chairman & President of INFINITI and held key roles in Nissan’s Africa, Middle East, and India regions, as well as overseeing the Datsun brand. He also held leadership positions at Renault Group managing operations across multiple countries. Kargar holds a Masters in Business Administration from the London Business School and is a Mechanical Engineer from INSA de LYON.
Source: BSE
