Noel Tata Proposes Two-Year Extension for Tata Sons Chairman Natarajan Chandrasekaran Amid Leadership Overhaul
Noel Tata is pushing for a two-year extension for Natarajan Chandrasekaran as chairman of Tata Sons, diverging from the customary five-year term, amid a potential leadership overhaul at Tata Trusts. The trustees are expected to discuss restructuring leadership roles, including a proposed deputy CEO position.
This proposal aims to establish succession plans ahead of Chandrasekaran's term expiration in February 2027. Concerns have arisen about the performance and capital intensity of new ventures in aviation, e-commerce, and semiconductors, which have attracted over $11 billion in investments. While some trustees support a full five-year extension for continuity, the final decision will reflect the balance of power between Tata Trusts and the Tata Sons board.
