Tata Seeks Ratan’s Replacement to Run Jaguar, Tetley
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Tata Sons Ltd. is searching for a successor to Chairman Ratan Tata, whose acquisitions of Jaguar Land Rover and Tetley Group Plc charted India’s emergence as a global economic power.
The 72-year-old Ratan, who built the group into India’s biggest with revenue of more than $70 billion, will retire at the end of 2012 after two decades running the Mumbai-based company. A five-member committee will vet candidates for the role, Tata Sons said in an e-mailed statement yesterday.