Mumbai: In a first, Tata Sons Ltd is contemplating appointing a CEO to revamp the corporate structure, according to NDTV.
The CEO is expected to play the role of a guide to the functioning of the business empire while the Chairman will oversee the CEO on behalf of shareholders. The final decision to create a CEO post however lies with former Chairman, Tata Sons, Ratan Tata.
NDTV further reports that current Chairman Natarajan Chandrasekaran, might get an extension after the completion of his tenure in February next year.
There are several contenders to the CEO’s post as the persons at the helm in the group’s firms are being gauged for the coveted job.