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Cyrus P. Mistry, the next Tata Chairman

Mumbai, 24 November 2011: Tata Sons Ltd. has announced that board member Cyrus P. Mistry will succeed Ratan Tata as chairman next year, when the later retires.

The board of directors of Tata Sons at its meeting today appointed Cyrus P Mistry as Deputy Chairman. He will work with Ratan N Tata over the next year and take over from him when Mr Tata retires in December 2012.

Mr Mistry, currently managing director, Shapoorji Pallonji Group, has been a director of Tata Sons since August 2006. He is a graduate of civil engineering from Imperial College, London, and has a master of science in management from the London Business School.

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