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Posted on Dec 14, 09:11PM | IBNS
The Board of Directors of Tata Chemicals on Friday announced the appointment of Cyrus Mistry as the Chairman of the Board with effect from December 28, 2012, on the retirement of Ratan Tata. The Board conferred on Tata the honorary title of Chairman Emeritus, the company said in a statement.
Mistry, who had been appointed Deputy Chairman of Tata Chemicals last month, was inducted to the Board of Tata Chemicals in May.
A Director of Tata Sons since 2006, he was appointed Deputy Chairman of Tata Sons in November 2011.
A part of the over USUSD 100 billion Tata Group, Tata Chemicals Limited (TCL) is a global company with interests in businesses that focus on LIFE -Living, Industrial and Farm Essentials.