No leadership structural changes are on the anvil: Tata Sons Chairman

Bloomberg on Monday reported that Tata Sons is considering an historic revamp of its leadership structure by creating a CEO role to help improve corporate governance

Tata Sons Chairman N Chandrasekaran on Wednesday quashed media reports of board revamp happening at Tata Sons. 

“I would like to state that no leadership structural changes are on the anvil, as speculated in certain sections of media. Any such decisions if relevant, are taken by the Nomination and Remuneration Committee. We are extremely disappointed with such stories that create disruption to regular operations," said Chandrasekaran in a statement.

Bloomberg on Tuesday reported that Tata Sons Ltd., the holding company for India’s largest conglomerate, is considering an historic revamp of its leadership structure by creating a chief executive officer’s