According to news agency PTI, former Tata Sons chairman Cyrus Mistry was killed in a road accident on Sunday after his Mercedes automobile collided with a divider in Maharashtra’s Palghar district, near Mumbai, citing a police officer.
Here are the top 5 facts about him:
His Stint At The Tata Group:
Cyrus Mistry took over as executive chairman after Ratan Tata stepped down in 2012 at the age of 75. Mr Mistry joined the Tata group in 2006 as a director and had served on the boards of many other Tata enterprises.
Mr Mistry, only the second individual from outside the Tata family to lead the company in its 142-year history, was in the office for four years.
The NCLAT Battle:
Cyrus Mistry was abruptly fired as Chairman of Tata Sons in October 2016. Months later, in December 2016, two Mistry family-backed investment entities, Cyrus Investments Pvt Ltd and Sterling Investments Corporation Pvt Ltd filed a complaint with the National Company Law Appellate Tribunal (NCLAT), accusing Tata Sons of mismanagement.
Mr Mistry was dismissed from the board of Tata Sons, the holding company for Tata Group companies, in February 2017.
MD Of Pallonji Group:
Before he was nominated Tata Sons’ chairman designate, Mr Mistry was the managing director of building behemoth Shapoorji Pallonji Group. In 1991, he became a director in the Shapoorji Pallonji Group.
Mr Mistry graduated in civil engineering from the Imperial College of Science, Technology, and Medicine in London on July 4, 1968. He also had a Master of Business Administration from the London Business School.
His Softer Side:
Cyrus Mistry is frequently said to as “soft-spoken, frank, and down-to-earth.” Mr Mistry, like Tata, is reputed to enjoy automobiles, mainly SUVs, and avoids the cocktail party circuit. He is considered to be a gourmand, and his favourite vacation location is Europe.
References: NDTV and India Today
Featured Image Source: The Mint