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Noel Tata is the chairman of the Tata Trust since the death of Ratan Tata in October last year.
Tata Group’s company Tata Sons appointed Noel Tata as director of the board at its 107th Annual General Meeting (AGM) on 14 August. This is the first general meeting of Tata Sons after the death of Ratan Tata.
Noel Tata is the chairman of the Tata Trust since the death of Ratan Tata in October last year. He has now officially joined the board of Tata Sons.
Noel Tata has been appointed by the Tata Trust. The trust holds a 66% stake in Tata Sons and takes important decisions for the Tata Group’s functioning.
Noel Tata became the chairman of Tata Trust in October
66 -year -old Noel Tata became the chairman of ‘Tata Trust’ in October. He was already a trustee of two family trusts. Noel Ratan is Tata’s half -brother. Noel was the only contender after Ratan Tata’s death on 9 October. Although his brother Jimmy’s name was also in discussion, he had already retired. Noel’s name was agreed at the trust meeting in Mumbai.
Noel is the son of Naval Tata’s second wife
Noel Naval is the son of Tata’s second wife Simone. Ratan Tata and Jimmy are the children of Tata Naval and his first wife Sunny.
Noel started his career with Tata International
Noel has studied at the University of Sussex. Noel started his career with Tata International. In 1999, he was made the managing director of Trent, the retail branch of the group. It was started by his mother Simone. In 2010-11, he was made the chairman of Tata International.
After this, the discussion started on being made the chairman of his group. Meanwhile, Cyrus Mistry himself said that the chairman of the Tata Group was made. Cyrus Mistry was then removed from the post of chairman of Tata Sons and Ratan Tata took command of the group. In 2018, he was made the Vice Chairman of Titan and in 2017 he was included in the Trust’s board.
Noel Bhai Ratan Tata calm and restrained
Noel is known for his elder brother Ratan Tata for calm and restrained conduct. His feature is a low-profile leadership style, which is the opposite of Ratan Tata’s persistence. Where Ratan had experience working from aviation to automobile industry. At the same time, Noel lacks experience.
When the search for Ratan Tata’s successor was going on in the group in 2011, in an interview to a foreign media, Ratan Tata said that Noel had a lack of experience. Hence his name was not considered. His brother -in -law Cyrus Mistry eventually replaced him. After Mistry’s withdrawal, TCS chief N Chandrasekaran became the chairman of Tata Sons.
