Ratan Tata Successor
Who will be the Successor of Ratan Tata, The Chairman of Tata Group? This is a big question. Few months back, I posted the Article,
The Next Chairman of Tata Group
In the Article, I have given the 2 possibilities of the Ratan Tata Successors.
01) Noel Tata – Half Brother of Ratan Tata who is married to Aloo Mistry, the daughter of Mr.Pallonji Shapoorji Mistry, the 18.5% Stake holder in Tata Sons, the Key Holding Company of Tata Group.
02) Cyrus Mistry – The younger son of Pallonji Mistry who has joined the board of Tata Sons in 2004.
According to media, right now, Ratan Tata is looking for his Successor. And people are very curious to know that who will be the next chairman of Tata Group?
Whoever that person is will take the conductor's baton and guide an orchestra of 98 companies and 357,000 workers. He or she will also need to deal with the twin anchors of Jaguar-Land Rover debt and Corus Steel debt, both of which were brought on by economic freefall after top-of-the-market acquisitions.
At this point it looks like the CEO spot will be taken by someone outside the Tata family for only the second time in the history of the company. And while Ratan Tata has said "It would certainly be easier if [my successor] were an Indian national," he is open to filling the position with a foreigner. The company has three years to conclude, with Tata expected to step down in 2012.
Now, Let us see that who will be the Successor (The Next Chairman) of Ratan Tata?
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