Why Cyrus Mistry is the Successor of Tata?

By siliconindia   |   Friday, 25 November 2011, 01:05 IST
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Bangalore:  Cyrus Mistry the future successor of Ratan Tata, at present is the Deputy Chairman of Tata Group. Cyrus has been playing a major role in improving and spreading the Shapoorji Pallonji group by being the MD. Being the son of construction tycoon, Pallonji Mistry an Irish businessman and the richest person in Ireland Cyrus has had the oppoutunity to explore buisness challenges at a very young age.

Ratan Tata always wanted a fresh young and intelligent mind to take over the company as new visions would be implemented and a younger generation means more room for creativity.

There are various reasons for Cyrus to get selected as a successor. Firstly his age and belonging to Parsi religion. Every Chairman selected before were also Parsi. Cyrus shares a very good chemistry with Ratan Tata and his nature of maintaining a low profile and being a good articulator has had a influence in bagging the Chairmanship. His career achievements and his financial knowledge were considered at the time of his vote.

 



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