Tata Sons replaces Cyrus Mistry with Ratan Tata as chairman

October 24, 2016 17:08

Tata Sons removes Cyrus Mistry as Chairman; Ratan Tata appointed interim Chairman for four months. Search panel to look for replacement.

Nearly 4 years after helming Tata Sons, Cyrus Mistry has been replaced as chairman of the company.

A selection panel has been formed to find a successor in four months. The committee will include Ratan Tata, Ronen Sen, Venu Srinivasan, Amit Chandra. The decision has been taken after the board meeting today.

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