To take over after Ratan Tata’s retirement in December next year
Cyrus Mistry, the soft-spoken managing director of the $ 2 billion Shapoorji Pallonji (SP) Group, has been unanimously appointed as successor to Ratan Tata after the latter retires in December next year (2012).
Born on July 4, 1968, Mistry graduated from the Imperial College, London, with a BE in civil engineering. He also holds a master’s degree in management from the London Business School and is a fellow of the Institution of Civil Engineers.
This move also makes Mistry the chief of the iconic car brand Jaguar-Land Rover and Tata Motors.
In a statement to the media Mistry said that he was deeply honoured by this appointment and was aware that an enormous responsibility with a great legacy had been entrusted to him.
Managing India’s biggest brand is no easy task, but we are sure 43-year-old Mistry will be able to take the group to new heights with his fresh approach and zeal. Car India wishes him the very best.
Tata Sons Heads
1868-1904 — Jamsetji Nusserwanji Tata
1904-1932 — Sir Dorab Tata
1932-1938 — Sir Nowroji Saklatwala
1932-1991 — Jehangir Ratanji Dadabhoy Tata
1991-2012 — Ratan Tata