{"success":true,"data":{"pressRelease":{"id":"130095","rtpr_id":"nBw3fngCsa","ticker":"TVSM","exchange":"NSE India","all_tickers":["TVSM"],"title":"TVS Motor Company Appoints Peyman Kargar as Director and Chief Executive Officer","author":"Business Wire","published_at":"2026-08-28T07:31:00.109Z","article_body":"TVS Motor Company Appoints Peyman Kargar as Director and Chief Executive\nOfficer\n\n\n * Peyman Kargar appointed Director and Chief Executive Officer of TVS Motor\nCompany, effective January 27, 2027\n\n * K. N. Radhakrishnan to continue as Director and Chief Executive Officer until\nthen and subsequently will serve as Non-Executive Director up to the date of\nthe ensuing AGM scheduled in July 2027\n\n * Appointment supports TVS Motor Company's next phase of growth and innovation\n\nTVS Motor Company, part of TVS VENU and a leading global manufacturer of two\nand three-wheelers, today announced the appointment of Peyman Kargar as\nDirector and Chief Executive Officer, effective January 27, 2027.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260827012301/en/\n(https://www.businesswire.com/news/home/20260827012301/en/)\n\nPeyman Kargar\n\nPeyman will succeed K. N. Radhakrishnan, who will continue in his role until\nthen to ensure a seamless transition. Following the transition, Radhakrishnan\nwill serve as Non-Executive Director up to the date of the ensuing AGM\nscheduled in July 2027. He has been a tremendous leader and played a pivotal\nrole in the growth of TVS Motor Company.\n\nThe leadership transition comes as TVS Motor Company builds on strong business\nperformance and continues to consolidate its position in India and expand its\nglobal presence. In FY2025-26, the company achieved a record performance,\nselling 5.9 million vehicles globally and delivering 30% revenue growth.\n\nPeyman currently serves as President, International Business. He brings more\nthan three decades of global automotive leadership experience across Europe,\nAsia, Africa and the Middle East, having held senior leadership positions with\nsome of the automotive industry's most recognised global brands. His\nexperience spans the full value chain, from product development and R&D to\nmanufacturing, quality, sales and marketing, giving him significant insight\ninto the factors that drive long-term success in the mobility industry. Under\nhis leadership, International Business has become an increasingly important\ncontributor to TVS Motor Company's global expansion. Today, the business\ncontributes 29% of the company sales volume and is growing at 33%.\n\nIn his new role, he will lead the company as it focuses on further growing its\nbusiness in India and globally through product innovation, premiumisation and\nexpansion into developed markets.\n\nSudarshan Venu, Chairman, TVS Motor Company, said: \"This appointment marks an\nimportant step for TVS Motor Company as we prepare for the future. Peyman is\nan accomplished global leader with deep industry experience, strategic vision\nand a strong understanding of customers and markets. As President,\nInternational Business, he has already made a meaningful contribution to our\nbusiness, and I am confident he is the right person to lead TVS Motor Company\nand further strengthen our position among the world's leading mobility\ncompanies.\n\nAt TVS Motor Company, our values and culture are fundamental to who we are and\nhow we operate. I am confident that Peyman will continue to build on these\nvalues and work towards our vision of transforming the quality of life of\npeople across the world through mobility solutions that are exciting,\nresponsible, sustainable and safe.\n\nI would also like to thank K. N. Radhakrishnan for his outstanding\ncontribution to TVS Motor Company and the wider TVS VENU group over many\nyears. His leadership, passion, and commitment have helped shape the company\ninto the strong organisation it is today. I am personally grateful for his\nvaluable counsel, guidance and support.\"\n\nPeyman Kargar, President, International Business, TVS Motor Company, said:\n“It is a privilege to be appointed as Chief Executive Officer of TVS Motor\nCompany. Building on our momentum, we are entering into a new phase of growth,\nexpanding our presence and further consolidating our position in India and\nglobal markets.\"\n\nAs we do so, the guiding principles of the TVS Way and its values will always\nbe the North Star. I will be focused on realising the company’s vision and\nstrengthening our technology leadership, AI capabilities, commitment to\nquality, and customer centricity. Together, these principles have helped\ncreate a culture where individuals and teams can thrive, innovate and deliver\nexceptional outcomes.\n\nI look forward to working closely with our teams in India and around the world\nto strengthen our position in key markets, deliver for our customers and build\non the foundations we have created.\"\n\nK. N. Radhakrishnan, Director & CEO, TVS Motor Company, said: \"It has been\na privilege to serve TVS Motor Company as CEO and work alongside an\nexceptional team. I am grateful for the support, commitment and dedication of\ncolleagues across the business, whose efforts have shaped the company that we\nare today.\n\nI am confident Peyman will lead TVS Motor Company with distinction and wish\nhim every success in the role and I look forward to supporting a smooth\ntransition over the coming months.\"\n\nAbout TVS Motor Company\n\nTVS Motor Company (BSE: 532343 and NSE: TVSMOTOR), part of TVS VENU, is a\nreputed two and three-wheeler manufacturer globally, championing progress\nthrough sustainable mobility with four state-of-the-art manufacturing\nfacilities located in India and Indonesia. Rooted in a 100-year legacy of\ntrust, value and passion for customers, the company takes pride in making\ninternationally accepted products of the highest quality through innovative\nand sustainable processes. TVS Motor is the only two-wheeler company to have\nwon the prestigious Deming Prize. Its products lead in their respective\ncategories in the J.D. Power IQS and APEAL surveys. The company has been\nranked No. 1 in the J.D. Power Customer Service Satisfaction Survey for four\nconsecutive years. Its group company, Norton Motorcycles, based in the United\nKingdom, is one of the most emotive motorcycle brands in the world. TVS Motor\nCompany endeavours to deliver the most superior customer experience across the\n90+ countries in which it operates.\n\nFor more information, please visit www.tvsmotor.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.tvsmotor.com&esheet=54595846&newsitemid=20260827012301&lan=en-US&anchor=www.tvsmotor.com&index=1&md5=8d524901a69b64384c67acad181ca62f)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260827012301/en/\n(https://www.businesswire.com/news/home/20260827012301/en/)\n\nFor more information, please write to: \n\nAndrew Roberts – Andrew.roberts@tvsmotor.com \n(mailto:Andrew.roberts@tvsmotor.com) \nKanika Mehta – Kanika.Mehta@tvsmotor.com (mailto:Kanika.Mehta@tvsmotor.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw3fngCsa","title":"TVS Motor Company Appoints Peyman Kargar as Director and Chief Executive Officer","author":"Business Wire","ticker":"TVSM","created":"2026-08-28T07:31:00.109Z","tickers":["TVSM"],"exchange":"NSE India","article_body":"TVS Motor Company Appoints Peyman Kargar as Director and Chief Executive\nOfficer\n\n\n * Peyman Kargar appointed Director and Chief Executive Officer of TVS Motor\nCompany, effective January 27, 2027\n\n * K. N. Radhakrishnan to continue as Director and Chief Executive Officer until\nthen and subsequently will serve as Non-Executive Director up to the date of\nthe ensuing AGM scheduled in July 2027\n\n * Appointment supports TVS Motor Company's next phase of growth and innovation\n\nTVS Motor Company, part of TVS VENU and a leading global manufacturer of two\nand three-wheelers, today announced the appointment of Peyman Kargar as\nDirector and Chief Executive Officer, effective January 27, 2027.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260827012301/en/\n(https://www.businesswire.com/news/home/20260827012301/en/)\n\nPeyman Kargar\n\nPeyman will succeed K. N. Radhakrishnan, who will continue in his role until\nthen to ensure a seamless transition. Following the transition, Radhakrishnan\nwill serve as Non-Executive Director up to the date of the ensuing AGM\nscheduled in July 2027. He has been a tremendous leader and played a pivotal\nrole in the growth of TVS Motor Company.\n\nThe leadership transition comes as TVS Motor Company builds on strong business\nperformance and continues to consolidate its position in India and expand its\nglobal presence. In FY2025-26, the company achieved a record performance,\nselling 5.9 million vehicles globally and delivering 30% revenue growth.\n\nPeyman currently serves as President, International Business. He brings more\nthan three decades of global automotive leadership experience across Europe,\nAsia, Africa and the Middle East, having held senior leadership positions with\nsome of the automotive industry's most recognised global brands. His\nexperience spans the full value chain, from product development and R&D to\nmanufacturing, quality, sales and marketing, giving him significant insight\ninto the factors that drive long-term success in the mobility industry. Under\nhis leadership, International Business has become an increasingly important\ncontributor to TVS Motor Company's global expansion. Today, the business\ncontributes 29% of the company sales volume and is growing at 33%.\n\nIn his new role, he will lead the company as it focuses on further growing its\nbusiness in India and globally through product innovation, premiumisation and\nexpansion into developed markets.\n\nSudarshan Venu, Chairman, TVS Motor Company, said: \"This appointment marks an\nimportant step for TVS Motor Company as we prepare for the future. Peyman is\nan accomplished global leader with deep industry experience, strategic vision\nand a strong understanding of customers and markets. As President,\nInternational Business, he has already made a meaningful contribution to our\nbusiness, and I am confident he is the right person to lead TVS Motor Company\nand further strengthen our position among the world's leading mobility\ncompanies.\n\nAt TVS Motor Company, our values and culture are fundamental to who we are and\nhow we operate. I am confident that Peyman will continue to build on these\nvalues and work towards our vision of transforming the quality of life of\npeople across the world through mobility solutions that are exciting,\nresponsible, sustainable and safe.\n\nI would also like to thank K. N. Radhakrishnan for his outstanding\ncontribution to TVS Motor Company and the wider TVS VENU group over many\nyears. His leadership, passion, and commitment have helped shape the company\ninto the strong organisation it is today. I am personally grateful for his\nvaluable counsel, guidance and support.\"\n\nPeyman Kargar, President, International Business, TVS Motor Company, said:\n“It is a privilege to be appointed as Chief Executive Officer of TVS Motor\nCompany. Building on our momentum, we are entering into a new phase of growth,\nexpanding our presence and further consolidating our position in India and\nglobal markets.\"\n\nAs we do so, the guiding principles of the TVS Way and its values will always\nbe the North Star. I will be focused on realising the company’s vision and\nstrengthening our technology leadership, AI capabilities, commitment to\nquality, and customer centricity. Together, these principles have helped\ncreate a culture where individuals and teams can thrive, innovate and deliver\nexceptional outcomes.\n\nI look forward to working closely with our teams in India and around the world\nto strengthen our position in key markets, deliver for our customers and build\non the foundations we have created.\"\n\nK. N. Radhakrishnan, Director & CEO, TVS Motor Company, said: \"It has been\na privilege to serve TVS Motor Company as CEO and work alongside an\nexceptional team. I am grateful for the support, commitment and dedication of\ncolleagues across the business, whose efforts have shaped the company that we\nare today.\n\nI am confident Peyman will lead TVS Motor Company with distinction and wish\nhim every success in the role and I look forward to supporting a smooth\ntransition over the coming months.\"\n\nAbout TVS Motor Company\n\nTVS Motor Company (BSE: 532343 and NSE: TVSMOTOR), part of TVS VENU, is a\nreputed two and three-wheeler manufacturer globally, championing progress\nthrough sustainable mobility with four state-of-the-art manufacturing\nfacilities located in India and Indonesia. Rooted in a 100-year legacy of\ntrust, value and passion for customers, the company takes pride in making\ninternationally accepted products of the highest quality through innovative\nand sustainable processes. TVS Motor is the only two-wheeler company to have\nwon the prestigious Deming Prize. Its products lead in their respective\ncategories in the J.D. Power IQS and APEAL surveys. The company has been\nranked No. 1 in the J.D. Power Customer Service Satisfaction Survey for four\nconsecutive years. Its group company, Norton Motorcycles, based in the United\nKingdom, is one of the most emotive motorcycle brands in the world. TVS Motor\nCompany endeavours to deliver the most superior customer experience across the\n90+ countries in which it operates.\n\nFor more information, please visit www.tvsmotor.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.tvsmotor.com&esheet=54595846&newsitemid=20260827012301&lan=en-US&anchor=www.tvsmotor.com&index=1&md5=8d524901a69b64384c67acad181ca62f)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260827012301/en/\n(https://www.businesswire.com/news/home/20260827012301/en/)\n\nFor more information, please write to: \n\nAndrew Roberts – Andrew.roberts@tvsmotor.com \n(mailto:Andrew.roberts@tvsmotor.com) \nKanika Mehta – Kanika.Mehta@tvsmotor.com (mailto:Kanika.Mehta@tvsmotor.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-08-28T07:31:00.179664049Z","server_sent_at_ms":1787902260179},"received_at":"2026-08-28T07:31:00.236Z","source_url":"https://www.businesswire.com/news/home/20260827012301/en/"},"analysis":{"id":"119007","press_release_id":"130095","analysis_json":{"industry":{"label":"Automobiles","sector":"Consumer Discretionary"},"redFlags":[],"eventType":"executive_change","narrative":"TVS Motor Company appointed Peyman Kargar as Director and CEO, effective January 27, 2027, succeeding current CEO K. N. Radhakrishnan.\n\nRadhakrishnan will continue as CEO until the transition date and serve as Non-Executive Director until the July 2027 AGM to ensure continuity.\n\nThe leadership change follows a record FY2025-26 where the company sold 5.9 million vehicles globally and delivered 30% revenue growth.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Planned succession for TVS Motor CEO amid 30% revenue growth."},"keyFigures":{"customDimensions":{"vehicles_sold":"5.9 million","revenue_growth":"30%","international_business_growth_rate":"33%","international_business_sales_contribution":"29%"}},"quotedText":"This appointment marks an important step for TVS Motor Company as we prepare for the future.","namedEntities":{"people":[{"name":"Peyman Kargar","role":"Incoming Director and Chief Executive Officer"},{"name":"K. N. 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Radhakrishnan.\n\nRadhakrishnan will continue as CEO until the transition date and serve as Non-Executive Director until the July 2027 AGM to ensure continuity.\n\nThe leadership change follows a record FY2025-26 where the company sold 5.9 million vehicles globally and delivered 30% revenue growth.","key_figures":{"customDimensions":{"vehicles_sold":"5.9 million","revenue_growth":"30%","international_business_growth_rate":"33%","international_business_sales_contribution":"29%"}},"named_entities":{"people":[{"name":"Peyman Kargar","role":"Incoming Director and Chief Executive Officer"},{"name":"K. N. Radhakrishnan","role":"Outgoing Chief Executive Officer"},{"name":"Sudarshan Venu","role":"Chairman"}],"products":[],"companies":[{"name":"TVS Motor Company","ticker":"TVSM"},{"name":"TVS VENU"},{"name":"Norton Motorcycles","relationship":"group company"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-28T07:33:23.143Z","global_importance":35,"audience_relevance":30,"importance_components":{"tickerTier":"large-cap-india","eventGravity":"planned-ceo-succession","sectorWeight":"auto"}},"durationMs":142901,"modelName":"glm-4.7"}}