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Indian businessman (born 1963) From Wikipedia, the free encyclopedia
Natarajan Chandrasekaran (born 2 June 1963) is an Indian businessman, and the chairman of Tata Sons and Tata Group.[1][2] He was chief operating officer (COO) and executive director of Tata Consultancy Services (TCS), where in 2009, he became chief executive officer (CEO).[3][4] He was also the chairman of Tata Motors and Tata Global Beverages (TGB). He became the first non-Parsi and professional executive to head the Tata Group.[5] He has assumed the chair of G20 India and will lead the business agenda during India's G20 presidency.[6]
Natarajan Chandrasekaran | |
|---|---|
Chandrasekaran, c. 2013 | |
| Born | 2 June 1963 |
| Alma mater | |
| Occupation | Businessman |
| Title | Chairman of Tata Sons and Tata Group |
| Board member of | |
| Spouse | Lalitha Chandrasekaran |
| Awards | Padma Bhushan (2022) |
Chandrasekaran studied in a Tamil Government school in Mohanur. He later received a Bachelor's degree in Applied Sciences from the Coimbatore Institute of Technology, Tamil Nadu.[7] He earned his Master of Computer Applications (MCA) from the Regional Engineering College, Tiruchirappalli (now National Institute of Technology, Tiruchirappalli), in Tamil Nadu, India, in 1986.[8] Joining TCS in 1987, Chandrasekaran took over as CEO on 6 October 2009, prior to which he was COO and executive director of TCS.[1] Chandrasekaran is a senior member of Institute of Electrical and Electronics Engineers (IEEE), and an active member of Computer Society of India and British Computer Society. He was nominated as the chairman of Indian IT industry body NASSCOM in April 2015.[citation needed] He finished his studies and further went to work in a famous movie "welcome back" casting many bigscreen actors also. which made him more recognizable.
The Tata Sons board voted to remove Cyrus Mistry from the Chairmanship of Tata Sons on 24 October 2016.[9][10]
In July 2018, the National Company Law Tribunal (NCLAT), issued a verdict in favor of Tata Sons on charges of mismanagement leveled by Mistry in 2016, two months following his ousting as chairman through a vote of non-confidence.[11] On 10 July 2018, Mistry stated that he would appeal the decision.[12]
In December 2019, the Tribunal reinstated Mistry as the Chairperson of Tata Sons for his remaining term, and declared that the appointment of Chandrasekaran as executive chairman was illegal.[13]
In January 2020, Tata Sons appealed to the Supreme Court of India against NCLAT's decision.[14] Mistry stated that he would not return to the Chairmanship of the conglomerate, but was interested in reserving his seat in the company's board.[15] A three-judge bench comprising Chief Justice S. A. Bobde and Justices B. R. Gavai and Surya Kant stayed NCLAT's order while hearing Tata Sons' appeal on 10 January 2020.
The bench stated, "We find there are lacunae in the judicial orders passed by the NCLAT."[16]
Chandrasekaran was born into a Tamil, Hindu family in Mohanur near Namakkal in Tamil Nadu, India.[17][18] He resides in Mumbai, with his wife Lalitha. As a marathon runner, he completed his fastest marathon or personal record at TCS New York City Marathon (2014) with a finishing time of 5 hr 00 min 52 sec. He also done char dham yatra multiple times.[19][20]
Chandrasekaran has received several awards and recognition in the business community, including honorary doctorates from Nyenrode Business Universiteit (2013), Jawaharlal Nehru Technological University, Hyderabad (2014),[citation needed] National Institute of Technology, Tiruchirappalli (2017),[21] and Aligarh Muslim University (2021),[citation needed] as well as other honorary degrees from SRM Institute of Science and Technology (2010), KIIT University (2012), Gitam University (2013).[citation needed]
He has also been named one of the best CEOs of the year by the Institutional Investor's Annual All-Asia Executive Team rankings (2010-2015)[22] and Business Today (2013-2015).[23] In 2014, he was named CNN-News18 Indian of the Year in the business category[24] and voted as one of CNBC TV 18 - ‘Indian Business Icons'.[citation needed] In 2015, he earned the Qimpro Platinum Standard Award 2015 (Business).[citation needed] In 2017, India Today named him on their list of "India's 50 Most Powerful People".[25]
In 2016, Chandrasekaran was named board director for the Reserve Bank of India.[26] He has also served as a chairperson on various boards, including for NASSCOM (2012-2013) and IT Industry Governors’ at the WEF, Davos (2015-2016).[citation needed]
In March 2022, the Government of India honoured him with Padma Bhushan for excellence in Trade and Industry.[27] On 16 May 2023, he was awarded as Knight of the Legion of Honour by the President of France Emmanuel Macron.[28][29] He has also received the Frans Banninck Cocq Medal from the Dutch city Amsterdam.[citation needed][30]
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