N Chandrasekaran’s Successor: Sir Dorabji Tata Trust Sets Up Panel To Pick Next Tata Sons Chairman

The
successio
p ocess
at
Tata
So s
has
fo mally
begu
afte
the
Si
Do abji
Tata
T ust
(SDTT),
which
ow s
ea ly
28
pe
ce t
of
the
Tata
G oup
holdi g
compa y,
passed
a
esolutio
to
i itiate
the
fo matio
of
a
committee
to
ide tify
N
Cha d aseka a & squo;s
successo .

Cha d aseka a & squo;s
te m
as
chai ma
of
Tata
So s
is
scheduled
to
e d
o
Feb ua y
20,
2027.
He
had
i fo med
the
Tata
So s
boa d
a
day
ea lie
that
he
would
ot
offe
himself
fo
eappoi tme t
as
chai ma
whe
his
cu e t
te m
expi es.

SDTT
To
Fo m
Selectio
Committee

The
t ustees
of
SDTT
have
decided
to
set
up
a
Selectio
Committee
i
acco da ce
with
the
A ticles
of
Associatio
of
Tata
So s.
The
committee
will
ecomme d
a
ca didate
fo
appoi tme t
as
the
ext
chai ma
of
the
boa d
of
di ecto s.

“The
T ustees
of
the
Si
Do abji
Tata
T ust
have
passed
a
esolutio
to
i itiate
the
setti g
up
of
a
Selectio
Committee
as
soo
as
possible
i
acco da ce
with
the
A ticles
of
Associatio
of
Tata
So s,
fo
the
pu pose
of
ecomme di g
a
pe so
fo
appoi tme t
as
the
ew
Chai ma
of
the
Boa d
of
Di ecto s,& dquo;
the
t ust
said
i
a
stateme t,
epo ted
The
Fi a cial
Exp ess.

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To
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Faste & squo;:
Govt
O de s
Ube ,
Ola
To
Remove
P e-Ride
Tip
P ompts

SDTT
also
said
it
would
exte d
its
full
suppo t
to
Tata
So s
du i g
the
t a sitio
to
e su e
that
the
cha ge
i
leade ship
is
smooth,
timely
a d
o de ly.
The
p ocess,
it
added,
would
emai
alig ed
with
the
values
a d
lo g-te m
i te ests
of
Tata
So s
a d
the
Tata
g oup.

T ust
Ack owledges
Cha d aseka a & squo;s
Te u e

The
t ust
also
placed
o
eco d
its
app eciatio
fo
Cha d aseka a & squo;s
leade ship
a d
co t ibutio
to
Tata
So s
a d
the
Tata
g oup
ove
the
past
decade.

“We
tha k
him
fo
his
imme se
co t ibutio
du i g
a
pe iod
of
sig ifica t
cha ge,
g owth
a d
t a sfo matio
ac oss
the
G oup,& dquo;
SDTT
said.

Cha d aseka a & squo;s
decisio
ot
to
seek
a othe
te m
came
six
days
befo e
the
Tata
So s
a ual
ge e al
meeti g,
whe e
sha eholde s
we e
scheduled
to
vote
o
his
eappoi tme t
as
a
di ecto .

I
his
lette
to
the
boa d,
Cha d aseka a
said
he
had
completed
40
yea s
of
p ofessio al
life
at
the
Tata
G oup.
He
desc ibed
his
te u e
leadi g
Tata
So s
as
“a
g eat
ho ou
a d
a
p ofou d
espo sibility& dquo;
a d
exp essed
g atitude
fo
the
oppo tu ity
to
co t ibute
to
the
g oup.

Tata
T usts
Hold
Meeti gs
Ahead
Of
AGM

The
developme t
comes
as
boa ds
of
seve al
t usts
u de
the
Tata
T usts
umb ella
meet
o
Thu sday.
The
Si
Rata
Tata
T ust
(SRTT),
howeve ,
is
ba ed
f om
holdi g
a
meeti g
u de
a
di ective
issued
by
the
Maha asht a
Cha ity
Commissio e
i
May
this
yea .

SDTT
is
expected
to
take
up
Cha d aseka a & squo;s
commu icatio
as
pa t
of
its
p oceedi gs.
It
is
also
expected
to
vote
o
the
omi atio
of
its
ep ese tative
fo
the
Tata
So s
a ual
ge e al
meeti g
scheduled
fo
August
18.

The
SDTT
esolutio
ma ks
the
begi i g
of
the
fo mal
p ocess
fo
ide tifyi g
Cha d aseka a & squo;s
successo
as
chai ma
of
Tata
So s.

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Read
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Cha ges
May
Retu
Fo
High-Value
T a sactio s:
Govt
Weighs
Two
Optio s

Go to Sou ce