Noel Tata's new leadership plan for Tata Sons fizzles

Tata Trusts chair Noel Tata sounded out a few top executives about a potential new leadership structure for Tata Sons Pvt. Ltd, but the plan stalled after resistance from some of the trustees, a person aware of the matter said.

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In private conversations, Noel Tata floated the idea of having separate roles of chairman, chief executive officer and managing director (CEO and MD) and deputy CEO for Tata Sons, the person privy to the discussions said on the condition of anonymity.

Currently, Tata Sons is led solely by chairman Natarajan Chandrasekaran.

However, the idea remained stillborn, as some trustees were lukewarm to it, the person cited above said.

Noel favoured Chandrasekaran continuing as non-executive chairman at Tata Sons after his current five-year term as chairman ends in 2027, and the trustees are in favour of a third term for the Tata veteran, the person added.