After a lot of controversy and regular blame-game between office of Cyrus Mistry and Ratan Tata, Tata Sons finally have a new chairman. TCS Chief Executive Officer (CEO) and Managing Director (MD) N Chandrasekaran has been named as the new Chairman of Tata Sons. The position was vacant after public sacking Cyrus Mistry.
N Chandrasekaran is popularly called as ‘Chandra’ in Tata offices. He will be stepping in the shoes of Ratan Tata and will have a lot of responsibilities related to managing Tata’s reputation.
Today at the board meeting of Tata Sons, the decision of appointment of N Chandrasekaran was taken with all members approving the decision.
A five-member search committee was formed and headed by Ratan Tata himself has announced the decision. The committee had members such as TVS Group head Venu Srinivasan, Amit Chandra of Bain Capital, former diplomat Ronen Sen and Lord Kumar Bhattacharya.
Meanwhile, if reports are to be believed, Rajesh Gopinathan may take over as Tata Consultancy Services CEO.
N Chandrasekaran has an impressive resume. He has a master’s degree in computer application. He joined the Tata group in 1987, and became TCS CEO in 2009. He was recently included in the Tata Sons board after Cyrus Mistry removal.