N. Chandrasekaran reappointed as Executive Chairman of Tata Sons

After the Board meeting of Tata sons held on Friday, the board gives its nod to reappoint N. Chandrasekaran as the executive chairman of Tata Sons. N. Chandrasekaran has upheld his responsibilities as executive chairman for the last five years, and after a positive appreciation from Ratan N Tata and satisfactory performance in board’s review, he has been appointed for another five years." Ratan N Tata recommended his term be renewed for a further five-year period," the statement said. The Board members commended the performance of the Executive Chairman and unanimously approved the reappointment of Mr. N Chandrasekaran as the Executive Chairman for the next five years.": the board said in a statement released after the appointment. At present, there are 29 publicly-listed Tata enterprises with a combined market capitalization of $314 billion as of December 31, 2021.