Ex-Chief of TCS, Ramadorai, to be next Tata Sons Chairman?
Mumbai: Last Monday, in a dramatic development that took the corporates and others by surprise,Cyrus Mistry was sacked as chairman of Tata Sons. He was replaced by Ratan Tata, who will be the interim chairman for four months.
The board named a five-member search committee, which includes Tata, to choose a successor to Mistry within four months.
It seems that that search is over within a week.
S Ramadorai, the former vice chairman of Tata Consultancy Services, is rumoured to be heading to Tata Sons as its new chairman. Ramadorai has reportedly quit as the head of the National Skill Development Corporation and National Skill Development Agency.
He recently retired as the vice-chairman of Tata Consultancy Services Ltd, a company he was associated with for 42 years. He took charge as CEO in 1996 when the company’s revenues were at $155 million and since then led the company through some of its most exciting phases, including its going public in 2004.
The former Tata Consultancy Services (TCS) chief was appointed chairman of the skill development agencies in May 2013 with a Cabinet rank. He is also the chairman of Tata Institute of Social Sciences and AirAsia India.
According to PTI, NSDC board is likely to meet on Wednesday to discuss the road map following his resignation. Vice Chairman Rohit Nandan has stepped in as interim chairman.
His role with NSDC was a cabinet position which he took on in 2013.