All posts tagged: Chandrasekarans

Noel Tata, TV Narendran: Who could take Chandrasekaran’s mantle at Tata Sons?

Noel Tata, TV Narendran: Who could take Chandrasekaran’s mantle at Tata Sons?

Natarajan Chandrasekaran’s announcement that he will step down as Tata Sons chairman at the end of his term has sparked speculation over who will get the baton. Natarajan Chandrasekaran’s term as Tata Sons chairman is scheduled to end in February. (REUTERS) Chandrasekaran’s term is scheduled to end in February. On Thursday, Tata Trusts said the trustees of Sir Dorabji Tata Trust – a group of charities that wields indirect control of the Tata Group – have passed a resolution to set up a selection committee to recommend a new chairman for Tata Sons. As the Trust begins the process of finding a successor to lead the diversified conglomerate’s holding company, several big names have been doing the rounds. Also read | N Chandrasekaran’s decision to step down creates immediate succession challenge for Tata Sons Noel Tata Late industrialist and former Tata Sons chairman Ratan Tata’s half-brother Noel Tata is one of the serious contenders, according to The Hindu Businessline. His chances shouldn’t be discounted, especially given the central role the Trusts play in the group’s …

How Tata Sons will pick N Chandrasekaran’s successor and who will choose him

How Tata Sons will pick N Chandrasekaran’s successor and who will choose him

The Tata Trusts on Thursday initiated the process of finding N Chandrasekaran’s successor to lead Tata Sons, the holding company of the diversified Tata group, a day after Chandrasekaran announced that he would not seek reappointment for a third term as chairman. N Chandrasekaran, Chairman, Tata Sons speaks during the foundation stone laying ceremony for India’s First AI-enabled Semiconductor Fab manufacturing facilities in Dholera, Gujarat, India, March 13, 2024. (REUTERS) The Sir Dorabji Tata Trust (SDTT), which is among the charitable trusts that together hold nearly two-thirds of Tata Sons, said its trustees had decided to begin the process of setting up a selection committee to recommend the next chairman of the Tata Sons board, according to a PTI report. The Trusts specifically acknowledged Chandrasekaran’s contribution during a period of “significant change, growth and transformation” across the Tata group. Chandrasekaran, who has led Tata Sons since 2017, announced on Wednesday that he would not offer himself for reappointment as chairman for a third term. The decision came amid a lack of unanimity within the Tata …