Noel Tata: Noel Tata has recently been appointed Chairman of Tata Trusts. This responsibility was being handled by his late brother Ratan Tata. After Ratan Tata left the responsibility of Tata Sons, Noel Tata’s name was in the forefront for the post of Chairman of this company controlling Tata Group. But suddenly his brother-in-law Cyrus Mistry was given the responsibility of Tata Sons. The reason for this was Ratan Tata. He felt that Noel Tata needed more experience before taking over Tata Sons.
Ratan Tata wanted to give more difficult responsibilities to Noel Tata
In the book written on Ratan Tata (Ratan Tata A Life) by Thomas Mathew, it has been claimed that he felt that Noel Tata was not ready to take the responsibility of Tata Sons at that time. Ratan Tata thought that Noel Tata should be given more difficult responsibilities. He had also kept himself away from the committee formed to choose his successor so that the new chairman of Tata Sons could be elected without any pressure. However, later he repented and he himself snatched this responsibility from Cyrus Mistry and handed it over to Natarajan Chandrasekaran.
Wanted to choose successor only on the basis of talent and thinking
Noel Tata has just become the chairman of Tata Trusts, which controls the $165 billion Tata Group. But, the responsibility of Tata Sons still remains with Natarajan Chandrasekaran. He could have become the chairman of Tata Sons in the year 2011. But, because of Ratan Tata, this opportunity was lost from his hands. During that time, there was pressure on Ratan Tata from the Parsi community and also from within the company to select Noel Tata. Due to this, he did not join the committee to choose his successor. He used to say that the only way to choose a person is his talent and thinking.
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