New Delhi: Tata Sons, on Friday (February 11), introduced the reappointment of N Chandrasekaran because the conglomerate’s chairman for an additional 5 years.
Tata Sons in an announcement mentioned the reappointment was ratified by the board. Also Read: Decision on banning or not banning crypto to come back later, says FM Sitharaman
“At its meeting on 11 February 2022, the Board of Tata Sons reviewed the last five years and considered the reappointment of its Executive Chairman N Chandrasekaran,” it mentioned in an announcement. Also Read: McDonald’s information emblems for digital eating places within the metaverse
Tata Sons board renews N Chandrasekaran’s time period as Executive Chairman for the subsequent 5 years
(file picture) pic.twitter.com/txn1ZHuipV
— ANI (@ANI) February 11, 2022
Ratan N Tata who was a particular invitee to this assembly expressed his satisfaction on the progress and efficiency of the Tata Group beneath the management of Chandrasekaran, it added.
He really useful his time period be renewed for an additional five-year interval, in keeping with Tata Sons.
The board members counseled the efficiency of the Executive Chairman and unanimously accepted the re-appointment of Chandrasekaran because the Executive Chairman for the subsequent 5 years, Tata Sons acknowledged.
“It has been a privilege to lead the Tata Group for the last five years and I am delighted at the opportunity to lead the Tata Group for another five years, in its next phase,” Chandrasekaran mentioned.