India's Tata Sons reappoints Chandrasekaran as chairman in surprise reversal
- India's Tata Sons reappointed N Chandrasekaran as chairman for another five years on Thursday (Sep 17), reversing his decision last month not to seek another term amid tensions with the charitable trusts that control the salt-to-aviation conglomerate.
- Chandrasekaran had initially ruled out seeking another term, frustrated by what he saw as the board's lack of support in the face of tensions with the charitable trusts.
- Tata Sons did not give a reason for the change.
Unverified
- India's Tata Sons reappointed N Chandrasekaran as chairman for another five years on Thursday (Sep 17), reversing his decision last month not to seek another term amid tensions with the charitable trusts that control the salt-to-aviation conglomerate.
- Chandrasekaran had initially ruled out seeking another term, frustrated by what he saw as the board's lack of support in the face of tensions with the charitable trusts.
- Tata Sons did not give a reason for the change.
Sources: CNA