N Chandrasekaran's term as Tata Sons chairman renewed for another 5 years

Tata Trusts' presence likely to be strengthened in the restructured board of Tata Sons

The salt-to-software Tata Group will see continuation of leadership as N Chandrasekaran remains executive chairman for another five years. The board of directors at the holding company, Tata Sons, met on Friday to reappoint Chandrasekaran as chairman.

Group patriarch and Tata Trusts chairman Ratan Tata, who was present at the board meeting as a special invitee, recommended renewal of Chandrasekaran’s term as executive chairman of Tata Sons, according to a company statement. Tata expressed satisfaction on the progress and performance of the group under Chandrasekaran, the statement said. Tata is chairman emeritus of Tata Sons.       

The board