Cyrus Mistry to be new Tata chairman
It is the succession now corporate India has waited for and that wait has now ended.
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Tata Sons has selected Cyrus Mistry to succeed Ratan Tata as its chairman after he retires next December. In a year from now, Mistry, will be the chairman of Tata Motors.
Mistry is the MD of Shapoorji Pallonji group, which has interests in construction, real estate, infrastructure and textiles, and a director of Tata Sons. He has initially been appointed deputy chairman of the holding company and will take over as chairman when Ratan Tata retires in December.
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