scorecardNo GEC! N Chandrasekaran would prefer a direct line of reporting with Tata Group companies
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No GEC! N Chandrasekaran would prefer a direct line of reporting with Tata Group companies

No GEC! N Chandrasekaran would prefer a direct line of reporting with Tata Group companies
IndiaSmallbusiness1 min read


N Chandrasekaran, the chairman of Tata Sons, would not make a Group Executive Council (GEC) for his work, and would rather prefer a direct line of reporting with all the companies under the Tata Group.

Executives in the know say that all decisions under N Chandrasekaran will be taken after consulting the Tata Sons board, much unlike in the times of Cyrus Mistry, who had set up the GEC in December 2012 as a brains trust for his Vision 2020.

GEC had replaced the group corporate centre and group executive office, but has been disbanded after Mistry was ousted from his post in a much publicised situation.

Also read: NCLT rules out Cyrus Mistry's petition against Tata Sons

"It is a dynamic situation for all, not only Tata companies but all corporates including global markets," an executive told ET. "Also, we need to give the new chairman sufficient time to take a judgement call. These are early days yet."

The GEC setup under Mistry had given birth to talks of interference and highhandedness in the group, said people cited above.

(Image source Initiate India)

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