Tata Sons Chairman Live Updates: N Chandrasekaran will step down as Tata Sons chairman when his current term ends on February 20, 2027, and will not seek reappointment, sources told CNBC-TV18. He has asked the Board and shareholders to decide on his successor soon to ensure a smooth transition.
Tata Sons Chairman Live Updates: Tata Sons Chairman N Chandrasekaran will step down at the end of his current tenure on February 20, 2027, and will not seek reappointment, sources told CNBC-TV18.
Chandrasekaran has informed the Board that he will serve out the remainder of his term and has asked the Board and shareholders to decide on his successor soon to ensure a smooth and proper transition.
The decision brings clarity to the uncertainty surrounding his reappointment as Tata Sons chairman, with a proposal for a third term having remained unresolved.
Chandrasekaran will be 65 when his current term ends, in line with the Tata Group’s retirement norm under which executives generally step down from active roles at 65.
Check our live blog for the latest updates and developments on the Tata Sons leadership transition.
