Noel Tata
Noel Tata | |
|---|---|
| Born | 1957 (age 66–67) |
| Occupation(s) | Chairman of Trent Ltd Managing Director of Tata Group |
| Spouse | Aloo Mistry |
| Parent(s) | Naval Tata Simone Tata |
| Relatives | Pallonji Mistry (father-in-law) |
Noel Naval Tata (born 1957) is an Indian businessman, who is the chairman of Trent Ltd and Tata Investment Corporation, and the managing director of Tata International.
Early life
Part of the Tata family, he is the son of Naval Tata and Simone Tata. He is also the half-brother of the ex-chairman of Tata Group, Ratan Tata and Jimmy Tata.
Noel Tata completed his management education at the INSEAD Business School in France.
Career
He began his career at Tata International, the Tata Group's arm for the products and services offered abroad. In June 1999, he became the managing director of the Group's retail arm Trent, which was founded by his mother. By this time, Trent had acquired the department store Littlewoods International and changed its name to Westside. Tata developed Westside, turning it into a profitable venture. In 2003, he was appointed as the director of Titan Industries and of Voltas.
In 2010-2011 it was announced that Tata was to become managing director of Tata International, the company dealing with the overseas business of the $70 billion conglomerate, raising speculation that he was being groomed to succeed Ratan Tata as the head of the Tata Group.[1][2] However, in 2011 his brother-in-law Cyrus Mistry was announced as the successor to Ratan Tata.[3] In October 2016, Cyrus Mistry was removed as the chairman of Tata Sons and Ratan Tata took over as the chairman of the group for four months until February 2017.[4]
Personal life
He is married to Aloo Mistry, the daughter of Pallonji Mistry, who is the largest single shareholder in Tata Sons (the Tata Group's holding company).[5]
References
- ^ managing director of Tata International.
- ^ ET Bureau (30 July 2010). "Is Noel Tata being groomed to succeed Ratan Tata?". The Times of India. Retrieved 30 May 2018.
- ^ "Cyrus P. Mistry is Ratan Tata's heir apparent". The Hindu. 24 November 2011. Retrieved 24 November 2011.
- ^ "Big shakeup! Cyrus Mistry removed as Tata Sons chairman, Ratan Tata steps in". Benette, Coleman & Co. Ltd. Economic Times. 24 October 2016. Retrieved 24 October 2016.
- ^ Vijayraghavan, Kala; Mandavia, Megha (26 August 2018). "How next gen scions Leah, Maya and Neville are working their way up in Tata Group companies". Retrieved 26 August 2018 – via The Economic Times.