Noel Tata
| Noel Tata | |
|---|---|
| Born | 1957 |
| Occupation |
Chairman of Trent Ltd Managing Director of Tata International |
Noel Tata (1957) is an Indian businessman, who is the Chairman of Trent Ltd and Managing Director of Tata International. He is also the chairman of Tata Investment Corporation.
Noel Tata is the son of Naval Tata and Simone Tata. He is married to Aloo Mistry, the daughter of Pallonji Mistry, who is the largest single shareholder in Tata Sons (the Tata Group's holding company). He is also the half-brother of the former chairman of Tata Group, Ratan Tata.
Noel Tata completed his management education at the INSEAD Business School in France. He began his career at Tata International, the Tata Group's arm for the products and services offered abroad. In June 1999, he became the managing director of the Group's retail arm Trent, which was founded by his mother. By this time, Trent had acquired the department store Littlewoods International and changed its name to Westside. Tata developed Westside, turning it into a profitable venture. In 2003, he was appointed as the director of Titan Industries and of Voltas.
In 2010, it was announced that Tata was to become managing director of Tata International, the company dealing with the overseas business of the $70 billion conglomerate, raising speculation that he was being groomed to succeed Ratan Tata as the head of the Tata Group.[1][2] However, in 2011 his brother-in-law Cyrus Mistry was announced as the successor to Ratan Tata.[3]
References
- ↑ managing director of Tata International.
- ↑ Is Noel Tata being groomed to succeed Ratan Tata?
- ↑ "Cyrus P. Mistry is Ratan Tata's heir apparent". The Hindu. 2011-11-24. Retrieved 2011-11-24.