Nearly four years after he took charge as Chairman of the Tata Sons, Cyrus Mistry was sacked from the post on Monday. A Tata Sons statement said, “Tata Sons today announced its board has replaced Mr Cyrus P Mistry as Chairman of Tata Sons. The decision was taken at a board meeting held here today.” Ratan Tata, who Mistry had replaced on December 29, 2012, has been appointed as interim Chairman for four months during which a search committee will look for a replacement. Mistry was chosen by a five-member panel in 2011 to succeed Ratan Tata, when the veteran industrialist retired at the age of 75.
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