TIL Desk/Business/Mumbai-TCS chief N Chandrasekaran was tonight appointed the Chairman of Tata Sons, capping two months of the most bitter boardroom battle in the corporate history that followed the unceremonious sacking of Cyrus Mistry and letting of bad blood ever since.
Popularly known as ‘Chandra’, the 54-year-old will take charge at the helm of USD 103 billion Tata Sons, the main holding company of the salt-to-software conglomerate from February 21. He will be the first non-Parsi chairman of the 150-year old Tata Group.
“The Board of Directors of Tata Sons, at its meeting today, appointed N Chandrasekaran as Executive Chairman. This is as per the unanimous recommendation of the Selection Committee,” the company said in a statement. Keeping in mind apparently the public spat that followed the sacking of Mistry, Chandrasekaran told reporters shortly after the appointment that his responsibility requires binding the group together.
