Industry

Tata Sons renews Chandrasekaran’s term for 5 years

Tata Sons Chairman N. Chandrasekaran.

Tata Sons Chairman N. Chandrasekaran.

Tata Sons Private Ltd, the holding company of Tata Group has renewed the term of N Chandrasekaran as executive chairman for next 5 years.

On Friday the Board of Tata Sons reviewed the last five years of Mr Chandrasekaran’s tenure and considered the reappointment.

“Ratan. N. Tata who was a special invitee to this meeting expressed his satisfaction on the progress and performance of the Tata Group under the leadership of Mr. N Chandrasekaran. He recommended his term be renewed for a further five-year period,” the statement added.

“The Board members commended the performance of the Executive Chairman and unanimously approved the reappointment of Mr. N Chandrasekaran as the Executive Chairman for the next five years,” it added.

Mr. Chandrasekaran said, “It has been a privilege to lead the Tata Group for the last five years and I am delighted at the opportunity to lead the Tata Group for another five years, in its next phase.”


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Printable version | Jun 29, 2022 4:18:22 am | https://www.thehindu.com/business/Industry/tata-sons-renews-chandrasekarans-term-for-5-years/article38412391.ece