The suspense is finally over. Mr. Cyrus P. Mistry will take over from Mr. Ratan Tata a chairman of the Tata Group when he retires in December 2012.
He was appointed Deputy Chairman of Tata Sons at the company's board meeting on Wednesday and will work with Mr. Tata over the next year.
The 43 year old son of Mr. Pallonji Mistry, the largest single share holder in Tata sons with an 18 percent stake, a civil engineering graduate from Imperial college, London. He also has a Master of Science in Management from the London Business School.
Mr. Mistry is currently Managing Director, Shapoorji Pallonji Group.
He takes over Tata group from a man who over the last 2 decades transformed the Tata Group into a global enterprise.
Tata Steel's acquisition of Corus, Tata motors buying JLR and TCS going public were some of the significant milestones after Mr. Ratan Tata took over from JRD as Chairman of the group.
The most important thing is that Mr. Cyrus Mistry would be taking over the mantle of a group in which the promoters have largely pledged shares over the past two and half years.
Mr. Ratan Tata has taken the group to great heights and I hope Mr. Mistry will take it to greater heights.
Regards Hari " लोका समस्ता सुखिनो भवन्तु "
He was appointed Deputy Chairman of Tata Sons at the company's board meeting on Wednesday and will work with Mr. Tata over the next year.
The 43 year old son of Mr. Pallonji Mistry, the largest single share holder in Tata sons with an 18 percent stake, a civil engineering graduate from Imperial college, London. He also has a Master of Science in Management from the London Business School.
Mr. Mistry is currently Managing Director, Shapoorji Pallonji Group.
He takes over Tata group from a man who over the last 2 decades transformed the Tata Group into a global enterprise.
Tata Steel's acquisition of Corus, Tata motors buying JLR and TCS going public were some of the significant milestones after Mr. Ratan Tata took over from JRD as Chairman of the group.
The most important thing is that Mr. Cyrus Mistry would be taking over the mantle of a group in which the promoters have largely pledged shares over the past two and half years.
Mr. Ratan Tata has taken the group to great heights and I hope Mr. Mistry will take it to greater heights.
Regards Hari " लोका समस्ता सुखिनो भवन्तु "
Posts
