TVS Motor Company Appoints Peyman Kargar as Director and General Manager
- On Friday, TVS Motor Company announced Peyman Kargar as Director and Chief Executive Officer, effective January 27, 2027, replacing K. N. Radhakrishnan, who has led the company since 2008.
- Kargar joined TVS Motor in March 2025 to lead international business; he previously held senior roles at Nissan's luxury brand Infiniti and Datsun, helping drive overseas growth strategy.
- TVS Motor achieved record performance in FY2025-26, selling 5.9 million vehicles globally with 30% revenue growth; shares have gained more than 13% this year, outperforming the auto index's 1.9% climb.
- Company shares fell 4.4% on Friday, though analysts attributed the decline to profit-booking rather than the appointment news. Kranthi Bathini of WealthMills Securities said "naming an insider for the top role is a positive."
- Radhakrishnan will remain as CEO until January 27, 2027, to ensure a seamless transition, then serve as Non-Executive Director until the July 2027 AGM.
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BANGALORE, India--(BUSINSS WIRE)--August 28, 2026-
TVS Motor Appoints Peyman Kargar as Its New CEO, Director
Get latest articles and stories on Business at LatestLY. TVS Motor Co. Ltd. on Friday said Peyman Kargar has been appointed as its director and chief executive officer, effective January 27, 2027, as the two- and three-wheeler maker prepares for its next phase of growth, innovation and global expansion. Kargar, currently President of International Business, will succeed K. N. Radhakrishnan, who will continue as CEO until the transition and subse…
TVS Motor appoints Peyman Kargar as CEO
TVS Motor Company appoints Peyman Kargar as new CEO starting January 27, 2027, with current CEO K N Radhakrishnan supporting the transition. The move follows strong company growth and aims to expand global markets and AI integration.
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