Cyrus Pallonji Mistry
|Born||4 July 1968|
|Citizenship||Republic of Ireland|
|Alma mater||Imperial College London
London Business School
|Occupation||Chairman of Tata Group|
Patsy Perin Dubash
Cyrus Pallonji Mistry (born 4 July 1968) is a businessman who became chairman of Tata Group, an Indian business conglomerate, on 28 December 2012. He is the sixth chairman of the group and the second not to be named Tata, after Nowroji Saklatwala. The Economist has described him as "the most important industrialist" in both India and Britain.
Early life and education
Mistry was born to a Parsi(vishwakarma) family in Mumbai and studied at the Cathedral & John Connon School. He graduated from Imperial College, London with a B.Sc. degree in civil engineering and went on to graduate as a Master of Science in management from the London Business School. He is a fellow of the Institution of Civil Engineers.
Cyrus Mistry is the youngest son of Pallonji Mistry, a construction tycoon; and Patsy Perin Dubash. Mistry's grandfather first bought shares in Tata Sons in the 1930s, a stake that, as of November 2011[update], stood at 18.5 percent, which is in the hands of Mistry's father, the largest single shareholder in a firm mostly controlled by trusts. He has an elder brother, Shapoor Mistry, who is married to Behroze Sethna, the daughter of lawyer Rusi Sethna. Cyrus has two sisters, Laila and Aloo. His sister Aloo is married to Noel Tata, the half-brother of Ratan Tata. Laila is married to Rustom Jehangir.
Mistry is an Irish citizen, and a permanent resident of India. According to a news report in an Irish newspaper, The Independent, Mistry views himself as a global citizen and thinks the colour of his passport is unimportant.
Mistry has been managing director of Shapoorji Pallonji & Company, which is part of the Shapoorji Pallonji Group. He joined the board of Tata Sons on 1 September 2006, a year after his father retired from it. He served as a Director of Tata Elxsi Limited, from 24 September 1990 to 26 October 2009 and was a Director of Tata Power Co. Ltd until 18 September 2006.
In 2012, Mistry was appointed as the chairman of Tata Sons. In addition, he is also chairman of all major Tata companies including Tata Industries, Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power , Tata Teleservices, Indian Hotels, Tata Global Beverages and Tata Chemicals.
- Zachariah, Reeba; Singh, Namrata (24 Nov 2011). "Cyrus Mistry: Avid golfer and foodie, avoids cocktail circuit". Times of India. Retrieved 24 February 2012.
- "Cyrus P Mistry to take over from Ratan Tata as Chairman of Tata Group in December 2012". Economic Times. 23 November 2011. Retrieved 24 November 2011.
- "Cyrus Mistry takes over the position of chairman for Tata Sons in December 2012". 26 November 2011.
- "Cyrus Mistry, a Tata in all but name". Reuters. CNBC-TV18. 23 Nov 2011. Retrieved 24 November 2011.
- http://www.economist.com/news/britain/21586829-two-countries-have-close-financial-ties-trade-between-them-feeble-odd-couple Britain and India: The odd couple
- Munroe, Tony (23 Nov 2011). "Global search for Tata chairman ends close to home". Reuters. Retrieved 24 November 2011.
- "Cyrus P Mistry: Tata Sons' deputy chairman a reticent man with strategic vision, humility". Economic Times. 24 November 2011. Retrieved 24 November 2011.
- Agarwal, Vibhuti (23 November 2011). "Who is Cyrus Mistry?". Wall Street Journal. Retrieved 24 November 2011.
- "Who is Cyrus Mistry?". IBN Live. 23 November 2011. Retrieved 24 November 2011.
- "http://www.independent.ie/business/world/cyrus-mistry-and-the-mammy-factor-at-the-heart-of-tata-30728963.html". Retrieved 15 June 2015. External link in
- "Who is Cyrus Mistry?". NDTV. 23 November 2011. Retrieved 24 November 2011.