Cyrus Mistry’s stint as chairman the shortest ever at Tata group

1477318463-8454.jpg

India’s largest conglomerate, Tata Sons, saw a major overhaul on Monday, with incumbent Cyrus Pallonji Mistry being replaced as chairman. Former chairman Ratan Tata returned as interim chairman and a five-member selection committee was set up to bring on board a new chairman within four months.

Earlier, on December 28, 2012, Cyrus Mistry had succeeded Ratan Tata as the chief of India’s more than a century old multinational company, which had begun its operations in 1868.

Mistry’s stint at the helm of affairs at the Tata group was the shortest among the chairmen so far. Business Standard lists all the previous chairmen of the group and gives a timeline of their term at the top:

1868-1904: Jamsetji Nusserwanji Tata, who founded the group that would eventually become one of India’s biggest conglomerates, led the group for its first 36 years.

Read more….

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s