The search for a successor to
Rata Tata, chairman of Tata Sons, ended on Wednesday, after its board chose
Cyrus Mistry , who will take over from Ratan Tata in December 2012. A brief history of the five chairmen in the group's history.
Jamsetji Tata (1868-1904): The founder of the Tata group began with a textile mill in central India in the 1870s. His powerful vision inspired the steel and power industries in India, set the foundation for technical educaton, and helped the country leapfrog from backwardness to the ranks of industrialised nations.
Sir Dorab Tata (1904-1932): Through his endeavours in setting up Tata Steel and Tata Power, this elder son of Jamsetji Tata was instrumental in transforming his father's grand vision into reality. It was also under his leadership that the Sir Dorabji Tata Trust, the premier charitable endowment of the Tatas, was created, propelling the Tata tradition of philanthropy.
Nowroji Saklatwala (1932-1938): Sir Dorab was succeeded as chairman of the Group by Sir Nowroji Saklatwala. In 1938, following Sir Nowroji's demise, 34-year-old JRD Tata was appointed as the new chairman.
JRD Tata (1932-1991): The late chairman of the Tata Group pioneered civil aviation on the subcontinent in 1932 by launching the airline now known as Air India. That was the first of many path-breaking achievements that JRD, who guided the destiny of the Group for more than half a century, came to be remembered for.
Ratan N Tata (1991-present): Ratan N Tata has been the Chairman of Tata Sons, the promoter holding company of the Tata group, since 1991. He is also the Chairman of the major Tata companies, including Tata Motors, Tata Steel, Tata Consultancy Services, Tata Power, Tata Global Beverages, Tata Chemicals, Indian Hotels and Tata Teleservices. During his tenure, the group's revenues have grown manifold, totalling over $83 billion in 2010-11. Tata also serves on the board of directors of Fiat SpA and Alcoa. He is also on the international advisory boards of Mitsubishi Corporation, the American International Group, JP Morgan Chase, Rolls Royce, Temasek Holdings and the Monetary Authority of Singapore.