The board of Tata Sons reviewed the last five years of Chandrasekaran’s tenure and considered reappointment.
Tata Sons Private Limited, the holding company of the Tata Group, has renewed the tenure of N Chandrasekaran as Executive Chairman for the next 5 years.
On Friday, the board of Tata Sons reviewed the last five years of Mr Chandrasekaran’s tenure and considered reappointment.
Ratan. N. Tata, who was a special invitee to the meeting, expressed satisfaction over the progress and performance of the Tata Group under the leadership of Mr. N. Chandrasekaran. He recommended that his term be renewed for a further period of five years ,” the statement said.
The Board members appreciated the performance of the Working Chairman and unanimously approved the reappointment of Shri N Chandrasekaran as the Executive Chairman for the next five years.
Mr. Chandrasekaran said, “It has been a privilege to lead the Tata Group for the last five years and I am delighted to have the opportunity to lead the Tata Group in its next phase for the next five years.”