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Thursday, 12 January 2017

TCS chief Chandrasekaran named Tata Sons Chairman


Mumbai, Jan 12 (PTI) Tata Sons today named TCS Chief Executive Officer and Managing Director N Chandrasekaran as its new Chairman over two months after the unceremonious sacking of Cyrus Mistry.

Popularly known as 'Chandra', the 54-year-old was chosen to step into the shoes of interim Chairman Ratan Tata, who took over on October 24 last year after the removal of Mistry.

The decision to appoint Chandra, a Tata group veteran, was taken at a meeting of Tata Sons board here, sources said.

The decision followed a five-member search committee comprising Ratan Tata, TVS Group head Venu Srinivasan, Amit Chandra of Bain Capital, former diplomat Ronen Sen and Lord Kumar Bhattacharya zeroing in on Chandrasekaran. .

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