Tata Sons disbands Group Executive Council set up by Mistry

October 24, 2016 22:30

On a day Cyrus Mistry was ousted as the Chairman of Tata Sons, the Group Executive Council (GEC) set up by him has been disbanded.

The GEC, headed by Mistry, was set up in April 2013 with the objective providing strategic and operational support to him. It included N S Rajan from Ernst & Young, Tata brand custodian Mukund Rajan, ex-BSE chief Madhu Kannan, strategist Nirmalya Kumar and Tata veteran Harish Bhat.

Mukund Rajan and Harish Bhat will be offered new roles within the group, sources in the know of the development said.

However, it is unclear what fate awaits for the rest of the members in the group.

Soon after making public the departure of Mistry, Tata Group's website removed all the details related to the GEC, including profile of the members.

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