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Half a dozen contenders in list that can replace Mistry

Indra Nooyi, N Chandrasekaran among top contenders for Tata Sons Chairmanship

Policy Pulse
Publish Date: Oct 25 2016 8:15AM | Updated Date: Oct 25 2016 3:03PM

Half a dozen contenders in list that can replace Mistry

As the Tata group’s new chairman is yet to be finalized, the industry insiders and experts are speculating about half a dozen senior personalities to fill in for Cyrus Mistry, the outgoing chairman of the Tata Group. 

 

Indra Nooyi of Pepsi, Arun Sarin, former Vodafone CEO, Noel Tata of Tata International, N Chandrasekaran, TCS CEO, Ishaat Hussain and B. Muthuraman both from Tata Group could be the contenders to replace Cyrus Mistry.

 

Ratan Tata is the interim chairman for the group who would step aside once the new chairman is selected. Amit Chandra, who heads Bain Capital in India, and also a member of the search committee formed by Tata Sons, to select the next chairman.

 

Few experts suggest that Amit could also be a long shot candidate for the post.  "You need someone with integrity to head Tata Group. It is still too early, to speculate, I think the process would begin within next two weeks,” a consultant working with the group said.

 

According to the report that published in ET, executives in the group, head hunters, consultants, and people close to Tata Group, are already hearing some names floating to replace Mistry. 

 

"I think the group will first form a committee and it could take anywhere around three to four months to come up with a name. While some names are already floating, I don’t think Noel Tata and Arun Sarin could become chairman even this time around,” a source said.