Cyrus Mistry Death: The 'Outsider' Who Made It to The Top of Tata Group
2 years, 3 months ago

Cyrus Mistry Death: The 'Outsider' Who Made It to The Top of Tata Group

News 18  

In a shocking development, Cyrus Mistry was killed in a road accident in Palghar on Sunday afternoon after the Mercedes he was travelling in rammed into a divider. In his career, Cyrus Mistry has been in key positions of the corporates in India — from being the managing director of construction giant Shapoorji Pallonji Group to taking over as the chairman of Tata Sons in 2012, succeeding Ratan Tata — the first Non-Tata to head Ratan Tata’s empire. He had been the managing director of Shapoorji Pallonji & Company, which is part of the Shapoorji Pallonji Group, and also chairman of Tata Sons and of the Tata Group. First Non-Tata to head Ratan Tata’s empire Mistry joined Tata Sons’ board in September 2006, after his father retired from it. In December 2016, two Mistry family-backed investment firms – Cyrus Investments Pvt Ltd and Sterling Investments Corporation Pvt Ltd – moved the National Company Law Appellate Tribunal, alleging mismanagement by Tata Sons.

History of this topic

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