Cyrus Mistry Removed as Chairman of Tata Group (Download PDF)

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Cyrus Pallonji Mistry was abruptly removed by the board of India’s largest conglomerate Tata Sons Ltd. However, he will continue as a director of the individual companies.Ratan Tata will succeed him as chairman who was replaced by Cyrus Pallonji Mistry as interim chairman for four years.

Image of Cyrus Pallonji Mistry

Image of Cyrus Pallonji Mistry

Image of Cyrus Pallonji Mistry

  • Mistry was Chairman in TATA group for shortest term; previously he succeeded Ratan Tata as chair in December 2012.
  • He is the sixth Chairman of Tata Group in last 15 decades.
  • First chair from outside the Tata family.
Past chairman of Ratan Tata Group

Past Chairman of Ratan Tata Group

Past chairman of Ratan Tata Group

  • The board named a five-member committee to choose a new replacement within four months.

About Cyrus Pallonji Mistry

  • Born on 4th July, 1968 in Mumbai.
  • Son of the billionaire Pallonji Shapoorji Mistry.
  • Previously, was deputy chairperson of Tata Sons.
  • Since 2006, served as the director of Tata Sons.
  • Pallonji Mistry along with his sons, Shapoor Mistry and Cyrus Mistry own (largest) 18.5% stake in Tata group.
  • Cyrus Pallonji also had served as chairman of:

    • Tata Motors
    • Tata Steel
    • Tata Chemicals
    • Tata Global Beverages

About Tata Group

  • Indian multinational business company.
  • Founded in 1868 at Mumbai, Maharashtra, India by Jamshedji Tata.
  • Recognized at international level after purchasing several global companies.
  • Employs around 660,000 workers around the world.
  • Tata companies with significant scale are:

    • Tata Steel
    • Tata Motors
    • Tata Consultancy Services
    • Tata Power
    • Tata Chemicals
    • Tata Global Beverages
    • Tata Teleservices
    • Titan
    • Tata Communications
    • Taj Group

- Published/Last Modified on: October 26, 2016

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