At its meeting on 11 February 2022, the Board of Tata Sons reviewed the last five years and considered the reappointment of its Executive Chairman Mr. N Chandrasekaran.
Mr. Ratan N Tata, who was a special invitee to this meeting expressed his satisfaction with 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 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.
Mr. N 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.”
Chandrasekaran’s current tenure as the chairman of the company expires at the end of this month.
He joined the board of Tata Sons in 2016 and took over as Chairman in 2017 at a time when the group was mired in crisis after the ouster of his predecessor Cyrus Mistry in a shock boardroom coup led by Ratan Tata, who heads Tata Trusts – a bunch of philanthropic organizations that hold 66% stake in Tata Sons.
His appointment as Chairman followed a 30-year business career at TCS, which he joined from the university.
Chandrasekaran rose through the ranks at TCS to become CEO and Managing Director of the leading global IT solution and consulting firm.
