N Chandrasekaran has stepped down as Tata Sons chairman. His resignation comes ahead of the company’s annual general meeting, scheduled for August 18. In a statement, Chandrasekaran said, “I have completed 40 years of professional life at the Tata Group. I am grateful for the immensely satisfying opportunity to contribute to this venerable institution. Leading Tata Sons over the past decade has been a great honour and a profound responsibility.” Chandrasekaran’s current term runs until February 2027. In his statement, Chandrasekaran specified that he will not seek reappointment after his term ends.
