Cyrus Mistry removed as Tata Sons chairman, Ratan Tata makes return

According to media reports, Ratan Tata will serve as interim chairman for a period of 4 months till a suitable replacement is found.

e4m by exchange4media Staff
Updated: Oct 25, 2016 5:40 PM
Cyrus Mistry removed as Tata Sons chairman, Ratan Tata makes return

According to media reports, Cyrus Mistry has been removed as chairman of Tata Sons just 4 years after taking over the reins at one of India’s biggest business houses. Ratan Tata is said to be coming back to take over as interim chairman for a period of 4 months till a successor is determined.

A selection committee comprising of Ratan Tata, Venu Srinivasan, Amit Chandra, Ronen Sen and Lord Kumar Bhattacharyya has been formed to look for a successor, said media reports.

There have been no changes of CEOs at operating company level.
 

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