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Tata Sons is planning a restructuring that is likely to mean some new faces among the second-rung executives of the group, sources have indicated. To begin with, the holding company of the $103-billion salt-to-software conglomerate is expected to get a new chief operating officer (COO). It is also in the process of appointing a chief financial officer (CFO).
Some other changes are in the offing, too, at the level of vice-president and above in the parent company, it is learnt. A few of the group companies could have new managing directors and chief executives as well, sources said.
The rejig
