Noel Tata Appointed to Tata Sons Board

Noel Tata has been appointed to the board of Tata Sons, becoming the first family member to hold positions on both the Tata Sons and Tata Trusts boards since 2011. This significant appointment follows his recent role as chairman of Tata Trusts, which holds a 66% stake in Tata Sons and can nominate one-third of its directors. The decision was formalized through an online resolution during a virtual meeting on the eve of Diwali. The current nine-member board of Tata Sons includes two executive directors and three non-executive directors, with Noel Tata joining Venu Srinivasan and Vijay Singh as nominees from Tata Trusts. His leadership experience includes overseeing the retail arm, Trent, where he achieved substantial revenue growth. Notably, Tata Sons' governance rules prevent the simultaneous chairmanship of both Tata entities, ensuring a separation of powers.