Mukund Rajan On Chandrasekaran Exit From TATA Sons: 'There Was Not Unanimity At The Board'
In an exclusive interview, former Chief Ethics Officer and Brand Custodian at Tata Sons, Mukund Rajan, shared his perspective on the sudden resignation of N
In an exclusive interview, former Chief Ethics Officer and Brand Custodian at Tata Sons, Mukund Rajan, shared his perspective on the sudden resignation of N. Chandrasekaran as Chairman of Tata Sons after four decades with the group. Rajan expressed his surprise at the development, noting that "there was not unanimity at the board" and highlighting that "there's been a failure to achieve consensus." He stressed the need to hear official perspectives from the Tata Sons board and majority shareholder Tata Trusts, led by Chairman Noel Tata.
Rajan discussed potential friction over strategic directions, performance, capital investments, and the listing of Tata Sons, drawing comparisons to the departure of Cyrus Mistry. Furthermore, he emphasized the importance of a clear succession plan, suggesting that the leadership structure could potentially split into a non-executive chairman and a CEO or managing director to maintain stability across the group.
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