india\s tata names successor to iconic boss
Last Updated : GMT 16:22:18
Arab Today, arab today
Arab Today, arab today

India\'s Tata names successor to iconic boss

Arab Today, arab today

Arab Today, arab today India\'s Tata names successor to iconic boss

Mumbai - AFP

India\'s salt-to-steel group Tata on Wednesday appointed a new chairman-elect, ending a long search for a successor to veteran chairman and business icon Ratan Tata, who will step down next year. Cyrus P. Mistry, a 43-year-old existing board member, was named as deputy chairman of the Tata Sons group and will take over the reins next year, the company said in a statement, ending years of speculation. \"The board of directors of Tata Sons at its meeting today appointed Mr Cyrus P. Mistry as deputy chairman,\" the company said in an emailed statement. \"He will work with Mr Ratan Tata over the next year and take over from him when Mr Tata retires in December 2012.\" As well as being a Tata Sons board member, Mistry is also the managing director of the real estate-to-energy Shapoorji Pallonji Group, which has an 18-percent stake in the Tata conglomerate. He has been a director at Tata Sons since August 2006 and is a civil engineering graduate from Imperial College, London, with a master\'s degree in management from the London Business School. Ratan Tata, 73, is one of India\'s most powerful industrialists who has propelled the group\'s global expansion. The multi-billion dollar group was founded in 1868 and has always been steered by a family member. The softly-spoken industrialist\'s announcement that he was to step down in December next year triggered a hunt for his successor, with his half-brother, Noel, seen as one of the main contenders. The company, which owns British luxury car marques Jaguar and Land Rover as well as European steel giant Corus, set up a panel in August 2010 to find a new chairman.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

india\s tata names successor to iconic boss india\s tata names successor to iconic boss

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

india\s tata names successor to iconic boss india\s tata names successor to iconic boss

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday