The Sir Dorabji Tata Trust has initiated the process to find a successor to N Chandrasekaran as chairman of Tata Sons after he decided not to seek reappointment when his current tenure ends on February 20, 2027.
In a statement, Tata Trusts said its nominee directors received an email from Chandrasekaran on August 12, conveying his decision to not offer himself for reappointment as chairman of Tata Sons.
The Sir Dorabji Tata Trust said it respects Chandrasekaran's decision and placed on record its appreciation for his contribution and stewardship of Tata Sons and the Tata Group over the past decade.
The Trust said its trustees have passed a resolution to initiate the setting up of a Selection Committee "as soon as possible", in accordance with the Articles of Association of Tata Sons.
The committee will recommend a candidate for appointment as the new chairman of the board of directors.
The Trust added that it will extend its full support to Tata Sons to ensure a smooth, timely and orderly leadership transition, while remaining aligned with the values and long-term interests of Tata Sons and the Tata Group.
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