Natarajan Chandrasekaran Explained

Natarajan Chandrasekaran
Birth Date:1963 6, df=yes
Birth Place:Namakkal, Madras State
(present day Tamil Nadu), India
Occupation:Businessman
Chairman of Tata Sons and Tata Group
Spouse:Lalitha Chandrasekaran
Awards:Padma Bhushan (2022)

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]

Education and career

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. 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.

Career

2018-2019 NCLAT verdicts

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]

2020 Supreme Court 

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]

Personal life

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]

Awards and recognition

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), National Institute of Technology, Tiruchirappalli (2017),[21] and Aligarh Muslim University (2021), as well as other honorary degrees from SRM Institute of Science and Technology (2010), KIIT University (2012), Gitam University (2013).

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'. In 2015, he earned the Qimpro Platinum Standard Award 2015 (Business). 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).

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.[30]

See also

External links

Notes and References

  1. Web site: N Chandrasekaran takes over as TCS CEO . Business-standard.com . 2010-11-18.
  2. News: N Chandrasekaran takes over as CEO of TCS . The Times Of India . 7 October 2009.
  3. News: Tata Sons chairman N Chandrasekaran may follow leadership style of JRD Tata. The Economic Times . 14 January 2017 . Vijayraghavan . Kala . Philip . Lijee .
  4. News: Post Mistry feud, Tatas putting their house in order as N Chandrasekaran gets cracking as new chief. Megha. Mandavia. Baiju. Kalesh. The Economic Times . 18 February 2017.
  5. Web site: Marathon man: Tatas pick first non-Parsi and professional executive as group chairman . . Reeba Zachariah . 13 January 2013 . 21 September 2017.
  6. Web site: Livemint- N Chandrasekaran will assume the chair of B20 India. . 7 December 2022 .
  7. Web site: 'Wasn't academically brilliant, but would put mind and heart into duty', says Natarajan Chandrasekaran elder brother . . Rajesh Chandramouli . 13 January 2017 . 30 May 2018.
  8. News: Sundowner with N Chandrasekaran . . 16 February 2008 . 4 October 2009 .
  9. News: Tata Sons Board replaces Mr. Cyrus P. Mistry as Chairman, Selection Committee set up for new Chairman . 24 October 2016 . 24 October 2016 . https://web.archive.org/web/20161024215035/http://tata.com/article/inside/tata-sons-chairman-selection-committee . 24 October 2016 . dead.
  10. News: Ratan Tata to replace Cyrus Mistry as Tata Sons chairman – The Economic Times . The Economic Times . 24 October 2016.
  11. News: Ratan Tata welcomes NCLT verdict . The Economic Times. 9 July 2018 . 12 June 2018.
  12. News: Tata welcomes NCLT verdict but Cyrus Mistry says he will challenge ruling . The Economic Times . 9 July 2018 . 12 June 2018.
  13. News: Tata vs Mistry: NCLAT restores Cyrus Mistry as chairman of Tata Sons . Chitravanshi. Dev Chatterjee & Ruchika . 18 December 2019 . Business Standard India . 6 January 2020.
  14. News: Tata Sons moves SC challenging NCLAT decision restoring Cyrus Mistry as executive chairman . 3 January 2020 . The Economic Times . 6 January 2020 .
  15. Web site: Cyrus Mistry shuns top posts at Tata companies, seeks board seat. Upadhyay. Jayshree P. . 5 January 2020 . Livemint . 6 January 2020.
  16. News: Supreme Court stays NCLAT order restoring Cyrus Mistry as executive chairman of Tata Group . The Times of India. 10 January 2020 . 22 January 2020.
  17. Web site: Archived copy . . 18 September 2023 . 17 March 2023 . https://web.archive.org/web/20230317093431/https://timesofindia.indiatimes.com/business/india-business/wasnt-academically-brilliant-but-would-put-mind-and-heart-Natarajan . dead .
  18. Web site: Meet N Chandrasekaran, the man from Namakkal appointed as Chairman of Tata Sons . 12 January 2017 . The News Minute . 2017-01-13.
  19. Web site: Search at Athlinks.com at Athlinks.com. www.athlinks.com. 2017-01-13.
  20. News: Home. NYRR. 2017-01-13.
  21. News: 2017-08-13 . Doctor of Letters conferred on Tata Sons Chairman . 2018-01-11 . The Hindu . en-IN . 0971-751X.
  22. Web site: 6 July 2015 . 2015 All-Asia Executive Team Pays Tribute to Trailblazers . dead . https://web.archive.org/web/20160815141939/http://www.institutionalinvestor.com/article/3467749/research-and-rankings/2015-all-asia-executive-team-pays-tribute-to-trailblazers.html . 15 August 2016 . 2016-08-03 . www.institutionalinvestor.com.
  23. Web site: 28 November 2014 . India's Best CEOs 2014 . 2016-08-03 . www.businesstoday.in.
  24. Web site: 2015-03-17 . List of winners of Indian of the Year 2014 . 2016-08-03 . News18.com.
  25. News: 14 April 2017 . India's 50 powerful people . India Today.
  26. Web site: 5 March 2016 . TCS chief N Chandrasekaran appointed to board of Reserve Bank . 2016-08-03 . www.businesstoday.in.
  27. News: Bureau . The Hindu . 2022-03-21 . Gen. Rawat, Ghulam Nabi Azad, N. Chandrasekharan conferred Padma awards . 2022-03-22 . The Hindu . en-IN . 0971-751X.
  28. e_lenain . 1658483477678002190 . "Dear Natarajan Chandrasekaran, you are a tru friend of France.".
  29. Web site: 'You are a friend of France': Tata Sons' N Chandrasekaran conferred with France's highest order of merit . 17 May 2023 .
  30. https://www.tatasteel.com/corporate/our-organisation/leadership/non-executive-chairman/ Mr Natarajan Chandrasekaran