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Cyrus Mistry: The Man Who Headed Mighty Tata Conglomerate Dies; Here Are The Top 5 Facts About Him

cyrus mistry

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.

Image Source Business Today2

Image Source: Business Today

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.

Image Source The Hans India

Image Source: The Hans India

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.

Image Source Business Today3

Image Source: Business Today

  • His Education:

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.

Image Source Dreamstime

Image Source: Dreamstime

  • 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.

Image Source Indian Drives

Image Source: Indian Drives

 

References: NDTV and India Today

Featured Image Source: The Mint

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