TCS CEO N Chandrasekaran has reportedly emerged as one of the top contenders for the job of Tata Sons chairman following the ouster of Cyrus Mistry. The other high profile names being considered to lead the salt-to-software conglomerate include Pepsi Co chairperson Indira Nooyi, Vodafone's former head Arun Sarin and interim chairman Ratan Tata's half brother and Trent chairman Noel Tata, sources said.
A five-member search committee headed by Ratan Tata has been given a mandate to find a new chairman in next four months. In a sudden move, the board of Tata Sons Ltd had on October 24 replaced Mistry, 48, as chairman in less than four years of taking over and named his predecessor Ratan Tata as the interim chairman for four months.
Recently, Tata veteran S Ramadorai, 71, resigned from the post of chairman of National Skill Development Council, sparking rumours that he could be headed to Tata Sons. Besides him, Jaguar Land Rover Boss Ralf Speth is also said to be in the race.
Among all the candidates, 53-year-old Chandrashekharan is said to have an edge over others as he heads the group's most valuable companies, has international exposure and also has age on his side. As far as performance goes, JLR boss Speth comes a close second. Even as some insiders say that it may be difficult to find a replacement for Chandrasekaran at TCS, he remains a strong contender for the top job.