Tata Sons have appointed TCS
Chief Executive Officer and Managing Director, Mr Natarajan Chandrasekaran as
its new Chairman. A press release issued by the company last evening said Mr.
Chandrasekaran will take charge on 21st February. His appointment comes after
the Tata sons removed Cyrus Mistry as the Chairman.
The fifty-three-year old businessman is only the
third non-Tata after
Nowroji Saklatwala and Cyrus Mistry to be named as Tata Sons chairman. The
Board of Tata Sons said it believes that Mr. Chandrasekaran will now inspire
the entire Tata group worth of the 103-billion US dollar. The decision to
appoint Mr. Chandrasekaran was as per the unanimous recommendation of the
Selection Committee and was finalised at the company’s board meeting in Mumbai
yesterday.
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