Thursday, January 12, 2017

TCS chief Chandrasekaran named Tata Sons Chairman

TCS chief Chandrasekaran named
Tata Sons Chairman
Mumbai :  Tata Sons on Thursday, 12th January 2017 named TCS Chief Executive Officer and Managing Director Natarajan Chandrasekaran as its new Chairman over two months after the unceremonious sacking of Cyrus Mistry.

Popularly known as 'Chandra', the 54-year-old was chosen to step into the shoes of interim Chairman Ratan Tata, who took over on October 24 last year after the removal of Mistry.

The decision to appoint Chandra, a Tata group veteran, was taken at a meeting of Tata Sons board here, sources said.

The decision followed a five-member search committee comprising Ratan Tata, TVS Group head Venu Srinivasan, Amit Chandra of Bain Capital, former diplomat Ronen Sen and Lord Kumar Bhattacharya zeroing in on Chandrasekaran..

Newly-appointed Tata Sons Chairman Natarajan Chandrasekaran said on that leading a group like Tata is a huge responsibility and his aim will be to help progress the conglomeratre.
Stating that the Tata group is at an inflection point, Chandrasekaran said that the progress of the group will be achieved "with the ethos, ethics and values that the Tata group has been built on".

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