Tata Motors' President of the car division, Ranjit Yadav has resigned his post. His performance was not very appreciated by the company.
Yadav was appointed as President of the car division in 2012 by former MD, late Karl Slym. He was formerly working for Samsung.
Yadav was sidelined after Tata Motors recently appointed Mayank Pareek, who was formerly working for Maruti Suzuki. Pareek now leads the domestic unit.
After Tata Motors had announced a sudden reshuffle with its executives in September last year, and put Yadav incharge of the company's international car markets.
The ex-Samsung personnel also had a few stints at important positions when he was with Hewlett-Packard Asia Pacific and Philips India.
A few employees from Tata Motors say that Yadav was a key person to plan out the company's long term revival strategy along with Slym.