Why Noel Tata Is Opposing N Chandrasekaran's Return As Tata Sons Chairman

It was N Chandrasekaran's "own decision" to not offer himself for reappointment, Noel Tata underlined Thursday as Tata Sons said its board voted to reappoint the 63-year-old Tata Sons chairman for another five-year term. Tata Sons board's decision comes a month after N Chandrasekaran, who has led Tata Sons since February 2017 when he succeeded Ratan Tata as interim chairman, told directors that he did not intend to seek reappointment when his current term ends on February 20, 2027. "That was his own decision. It was freely taken and clearly expressed. It was not sought from him by this Board, it was not the subject of any resolution of this Board, and it was not the outcome of any process of review," Noel Tata, referencing N Chandrasekaran's August 12 decision to step down, said in a statement.