Natarajan Chandrasekaran

2021-09-18T04:45:59Z

103.159.45.21: /* Awards and recognition */

{{short description|Indian businessman|bot=PearBOT 5}}
{{Use dmy dates|date=November 2018}}
{{Use Indian English|date=November 2018}}
{{Indian name|Chandrasekaran |Natarajan}}
{{Infobox person
| name = Natarajan Chandrasekaran
| native_name =
| image = N. Chandrasekaran CEO Tata Consultancy Services.jpg
| caption = Natarajan Chandrasekaran, c. 2013
| birth_name = Natarajan Chandrasekaran
| birth_date = {{Birth date and age|df=yes|1963|6|2}}
| birth_place = [[Mohanur]], [[Namakkal District]], [[Tamil Nadu]], India
| education = [[Coimbatore Institute of Technology]]<br> [[NIT Tiruchirappalli]]
| occupation = Group Chairman, [[Tata Group]]
| boards = [[Tata Sons]]<br> [[Indian Institute of Management Lucknow|IIM Lucknow]]
| spouse = Lalitha Chandrasekaran
}}

'''Natarajan Chandrasekaran''' (born 2 June 1963) is an Indian businessman and chairman of [[Tata Sons]].<ref name="business-standard1">{{cite web|url=http://www.business-standard.com/india/news/n-chandrasekaran-takes-over-as-tcs-ceo/75217/on |title=N Chandrasekaran takes over as TCS CEO |publisher=Business-standard.com |access-date=2010-11-18}}</ref><ref>{{cite news| url=http://economictimes.indiatimes.com/Infotech/Software/N-Chandrasekaran-takes-over-as-CEO-of-TCS/articleshow/5095780.cms | work=The Times Of India | title=N Chandrasekaran takes over as CEO of TCS | date=7 October 2009}}</ref> He was [[Chief operating officer]] (COO) and executive director of [[Tata Consultancy Services]] (TCS), where in 2009, he became [[Chief executive officer]] (CEO).<ref>{{cite web|url=http://economictimes.indiatimes.com/news/company/corporate-trends/tata-sons-chairman-n-chandrasekaran-may-follow-leadership-style-of-jrd-tata/articleshow/56528792.cms|title=Tata Sons chairman N Chandrasekaran may follow leadership style of JRD Tata}}</ref><ref>[http://economictimes.indiatimes.com/news/company/corporate-trends/post-mistry-feud-tatas-putting-their-house-in-order/articleshow/57213651.cms Post Mistry feud, Tatas putting their house in order as N Chandrasekaran gets cracking as new chief]</ref> He was also the chairman of [[Tata Motors]] and [[Tata Global Beverages]] (TGB). He became the first non-[[Parsi]] and professional executive to head the [[Tata Group]].<ref>{{cite web | url=http://timesofindia.indiatimes.com/business/india-business/marathon-man-tatas-pick-first-non-parsi-and-professional-exececutive-as-group-chairman/articleshow/56508989.cms | title=Marathon man: Tatas pick first non-Parsi and professional executive as group chairman | publisher=[[The Times of India]] | work=Reeba Zachariah | date=13 January 2013 | access-date=21 September 2017}}</ref> On 18 December 2019, the [[National Company Law Appellate Tribunal]] (NCLAT) held the appointment of Chandrasekaran as illegal and restored [[Cyrus Mistry]] as executive chairman.<ref>{{cite web | url=https://www.timesnownews.com/business-economy/companies/article/nclat-restores-cyrus-mistry-as-tata-sons-executive-chairman/528862 | title=NCLAT restores Cyrus Mistry as Tata Sons Executive Chairman | publisher=Times Now News | date=18 December 2019 | access-date=18 December 2019}}</ref> In January 2020 the Supreme Court of India overruled NCLAT.

==Education and career==
Chandrasekaran studied in a [[Tamil Language|Tamil]] Government school in [[Mohanur]]. He later received a bachelor's degree in Applied Sciences from the [[Coimbatore Institute of Technology]] in [[Tamil Nadu]].<ref>{{cite web | url=https://timesofindia.indiatimes.com/business/india-business/wasnt-academically-brilliant-but-would-put-mind-and-heart-into-duty-says-natarajan-chandrasekaran-elder-brother/articleshow/56508690.cms | title='Wasn't academically brilliant, but would put mind and heart into duty', says Natarajan Chandrasekaran elder brother | publisher=[[The Times of India]] | work=Rajesh Chandramouli | date=13 January 2017 | access-date=30 May 2018}}</ref> He earned his Master of Computer Applications (MCA) from the [[Regional Engineering College, Tiruchirappalli]] (now [[National Institute of Technology, Tiruchirappalli]]), in Tamil Nadu, India, in 1986.<ref>{{cite news |title=Sundowner with N Chandrasekaran |url=http://economictimes.indiatimes.com/articleshow/msid-2787024,prtpage-1.cms |work=[[The Economic Times]] |date=16 February 2008 |access-date=4 October 2009 }}</ref> Joining TCS in 1987, Chandrasekaran took over as CEO on 6 October 2009, prior to which he was COO and executive director of TCS.<ref name="business-standard1"/> Chandrasekaran is a senior member of Institute of Electrical and Electronic Engineers ([[IEEE]]), and an active member of [[Computer Society of India]] and [[British Computer Society]]. He was nominated as the chairman of Indian IT industry body [[NASSCOM]] in April 2015.{{citation needed|date=September 2021}}

== Career ==
Chandrasekaran has spent his career in TCS, joining the company in 1987 after completing a Masters in Computer Applications from [[Regional Engineering College, Trichy]] in Tamil Nadu.{{citation needed|date=September 2021}}

Under his leadership TCS has generated consolidated revenues of US$16.5 billion in 2015-16.<ref>{{cite web|url=http://www.tcs.com/news_events/press_releases/Pages/TCS-Financial-Results-Q4-FY-2016.aspx|title=TCS News & Events: Press Release: Annual revenues cross trillion rupees in 2015-16|website=www.tcs.com|access-date=2016-08-03}}</ref> With over 353,000 consultants, TCS has become the largest private sector employer in India. TCS remains the most valuable company in India ended 2015-16 with a market capitalization of over US$70 billion. In 2015 TCS was rated as the world's most powerful brand in IT Services, and was recognized as a Global Top Employer by the Top Employers Institute across 24 countries.{{citation needed|date=May 2020}}

On 25 October 2016 Chandrasekaran, then CEO and managing director of Tata Consultancy Services (TCS), was appointed as an additional director on the Tata Sons board.

=== 2018/2019 NCLAT verdicts ===
The Tata Sons board voted to remove [[Cyrus Mistry]] from the Chairmanship of Tata Sons on 24 October 2016.<ref name="outvote">{{cite news |url=http://tata.com/article/inside/tata-sons-chairman-selection-committee |title=Tata Sons Board replaces Mr. Cyrus P. Mistry as Chairman, Selection Committee set up for new Chairman |date=24 October 2016 |access-date=24 October 2016 |archive-url=https://web.archive.org/web/20161024215035/http://tata.com/article/inside/tata-sons-chairman-selection-committee |archive-date=24 October 2016 |url-status=dead}}</ref><ref name=eco-times-rejig>{{Cite news |url=http://economictimes.indiatimes.com/news/company/corporate-trends/big-rejig-ratan-tata-to-replace-cyrus-mistry-as-tata-sons-chairman/articleshow/55031245.cms |title=Ratan Tata to replace Cyrus Mistry as Tata Sons chairman – The Economic Times |newspaper=The Economic Times |access-date=24 October 2016}}</ref>

In July 2018, the [[National Company Law Tribunal]] (NCLAT), issued a verdict in favor of Tata Sons on charges of mismanagement leveled by Mistry in 2016, two months following his ousting as chairman through a [[vote of non-confidence]].<ref name=eco-times-welcome>{{cite news |title=Ratan Tata welcomes NCLT verdict |url=https://economictimes.indiatimes.com/articleshow/64920213.cms|work=The Economic Times|date=9 July 2018 |access-date=12 June 2018}}</ref> On 10 July 2018, Mistry stated that he would appeal the decision.<ref name=econ-times-mistry-appeal>{{cite news |title=Tata welcomes NCLT verdict but Cyrus Mistry says he will challenge ruling |url=https://economictimes.indiatimes.com/news/politics-and-nation/tata-welcomes-nclt-verdict-but-cyrus-mistry-says-he-will-challenge-ruling/articleshow/64916673.cms |work=The Economic Times |date=9 July 2018 |access-date=12 June 2018}}</ref>

In December 2019, the Tribunal reinstated Mistry as the Chairperson of Tata Sons for his remaining term, and declared that the appointment of Chandrasekaran as executive chairman was illegal.<ref name=bs-rest-mistry>{{Cite news |url=https://www.business-standard.com/article/companies/tata-vs-mistry-nclat-restores-cyrus-mistry-as-tata-sons-executive-chairman-119121800705_1.html |title=Tata vs Mistry: NCLAT restores Cyrus Mistry as chairman of Tata Sons |last=Chitravanshi|first=Dev Chatterjee & Ruchika |date=18 December 2019 |work=Business Standard India |access-date=6 January 2020}}</ref>

=== 2020 Supreme Court ===
In January 2020, Tata Sons appealed to the [[Supreme Court of India]] against NCLAT's decision.<ref name=econ-nclat-appeal>{{Cite news |url=https://economictimes.indiatimes.com/news/company/corporate-trends/tata-sons-moves-sc-against-nclat-order-on-cyrus-mistry/articleshow/73066279.cms |title=Tata Sons moves SC challenging NCLAT decision restoring Cyrus Mistry as executive chairman |date=3 January 2020 |work=The Economic Times |access-date=6 January 2020}}</ref> Mistry stated that he would not return to the Chairmanship of the conglomerate, but was interested in reserving his seat in the company's board.<ref name=live-mistry-not-interested>{{Cite web |url=https://www.livemint.com/companies/news/cyrus-mistry-says-not-interested-in-getting-back-into-tata-group-in-any-capacity-11578225738160.html |title=Cyrus Mistry shuns top posts at Tata companies, seeks board seat|last=Upadhyay|first=Jayshree P. |date=5 January 2020 |website=Livemint |access-date=6 January 2020}}</ref> A three-judge bench comprising Chief Justice [[Sharad Arvind Bobde|S. A. Bobde]] and Justices B. R. Gavai and Surya Kant stayed NCLAT's order while hearing Tata Sons' appeal on 10 January 2020.

The bench stated, "We find there are [[non liquet|lacunae]] in the judicial orders passed by the NCLAT."<ref name=times-mistry-restore-not>{{Cite web |url=https://timesofindia.indiatimes.com/business/india-business/sc-stays-nclat-order-reinstating-cyrus-mistry-as-executive-chairman-of-tata-sons/articleshow/73184137.cms |title=Supreme Court stays NCLAT order restoring Cyrus Mistry as executive chairman of Tata Group |website=The Times of India|access-date=22 January 2020}}</ref>

The Supreme Court also ordered that Tata Sons will not exercise power under Article 25 of the Company Law for pushing out shares of minority holders in the company.<ref name=first-nclat-stayed>{{Cite web |url=https://www.firstpost.com/business/setback-for-cyrus-mistry-supreme-court-stays-nclat-order-restoring-pallonji-group-scion-as-executive-chairman-of-tata-group-7887871.html |title=Setback for Cyrus Mistry: Supreme Court stays NCLAT order restoring Pallonji Group scion as executive chairman of Tata Group |website=Firstpost |access-date=22 January 2020}}</ref>

==Personal life==
Chandrasekaran was born in [[Mohanur]] near [[Namakkal]] in Tamil Nadu, India.<ref>{{cite web|url=http://timesofindia.indiatimes.com/business/india-business/wasnt-academically-brilliant-but-would-put-mind-and-heart-into-duty-says-natarajan-chandrasekaran-elder-brother/articleshow/56508690.cms |title=N Chandrasekaran: 'Wasn't academically brilliant, but would put mind and heart into duty', says Natarajan Chandrasekaran elder brother |website=Timesofindia.indiatimes.com |access-date=2017-01-13}}</ref><ref>{{cite web|url=http://www.thenewsminute.com/article/meet-n-chandrasekaran-man-namakkal-appointed-chairman-tata-sons-55642 |title=Meet N Chandrasekaran, the man from Namakkal appointed as Chairman of Tata Sons |publisher=The News Minute |access-date=2017-01-13}}</ref> He resides in [[Mumbai]], with his wife Lalitha. Chandrasekaran is an avid photographer, music aficionado and a passionate long-distance runner who has completed marathons in [[Amsterdam Marathon|Amsterdam]], [[Boston Marathon|Boston]], [[Chicago Marathon|Chicago]], [[Berlin Marathon|Berlin]], [[Mumbai Marathon|Mumbai]], [[New York City Marathon|New York]] and [[Tokyo Marathon|Tokyo]]. He completed his fastest marathon or personal record (PR) at TCS New York City Marathon (2014) with a finishing time of 5 hr 00 min 52 sec.<ref>{{cite web|url=https://www.athlinks.com/search?term=Natarajan+Chandrasekaran|title=Search at Athlinks.com at Athlinks.com|website=www.athlinks.com|access-date=2017-01-13}}</ref><ref>{{Cite news|url=http://web2.nyrrc.org/cgi-bin/htmlos.cgi/00546.3.037634702723959252|title=Home|newspaper=NYRR|access-date=2017-01-13}}</ref>

== Awards and recognition ==
* Chandrasekaran has received several awards and recognition in the business community. India's central bank, the [[Reserve Bank of India]] appointed him as director on its board in 2016.<ref>{{cite web|url=http://www.businesstoday.in/current/corporate/tcs-chief-natarajan-chandrasekaran-board-of-reserve-bank/story/229914.html|title=TCS chief N Chandrasekaran appointed to board of Reserve Bank|website=www.businesstoday.in|access-date=2016-08-03}}</ref>
* He has served as the Chairperson of the IT Industry Governors’ at the [[World Economic Forum|WEF]], [[Davos]] in 2015-16. Aside from being a member of Indo–US CEO Forum, he is also part of India's business taskforces for Australia, Brazil, Canada, China, Japan and Malaysia.
* He served as the chairman of [[NASSCOM]], the apex trade body for IT services firms in India in 2012-13 and continues to be a member of its governing Executive Council.
* He was voted as the ‘Best CEO’ for the fifth consecutive year by the Institutional Investor's 2015 Annual All-Asia Executive Team rankings.<ref>{{cite web|url=http://www.institutionalinvestor.com/article/3467749/research-and-rankings/2015-all-asia-executive-team-pays-tribute-to-trailblazers.html|title=2015 All-Asia Executive Team Pays Tribute to Trailblazers|website=www.institutionalinvestor.com|access-date=2016-08-03}}</ref> During 2014, he was voted as one of CNBC TV 18 - ‘Indian Business Icons'.

* He was also awarded [[CNN-IBN Indian of the Year|CNN- IBN Indian of the Year]] 2014 in business category.<ref>{{cite web|url=http://www.news18.com/news/india/ioty-2014-7-974374.html|title=List of winners of Indian of the Year 2014|website=News18.com|date=2015-03-17|access-date=2016-08-03}}</ref>
* Chandrasekaran was presented with the "Best CEO for 2014" by [[Business Today (business magazine)|Business Today]] for the second consecutive year.<ref>{{cite web|url=http://www.businesstoday.in/photos/in-the-news/business-today-pwc-best-indian-ceos-2014-top-20-list/587.html|title=India's Best CEOs 2014|website=www.businesstoday.in|access-date=2016-08-03}}</ref>
* He has also received the Medal of the City of Amsterdam Frans bannick Cocq in recognition of his endeavor to promote trade and economic relations between Amsterdam and India.
* He was awarded [[Ofloxacin|Qimpro]] Platinum Standard Award 2015 (Business) and [[Business Today (business magazine)|Business Today]]’s Best CEO 2015 (IT & ITEs).
* Chandrasekaran was conferred with the [[Honorary degree|honorary doctorate]] by [[Jawaharlal Nehru Technological University, Hyderabad|JNTU, Hyderabad]], India (2014).
* He has received Honorary Doctorate from [[Nyenrode Business University|Nyenrode Business Universiteit]], Netherlands' top private business school (2013).
* Chandrasekaran has also been conferred honorary degrees by many Indian universities such as the [[Gandhi Institute of Technology and Management|Gitam University]] (2013) [[KIIT University]] (2012); and the [[SRM Institute of Science and Technology]] (2010).

● He was also awarded as the performer of the month in feb 1999 for his best administration.
● In April 2017, ''[[India Today]]'' magazine ranked him #10th in India's 50 Most powerful people of 2017 list.<ref>{{cite news|title=India's 50 powerful people|url=http://indiatoday.intoday.in/story/india-today-top-50-powerful-indians-mukesh-ambani-ratan-tata-kumar-mangalam-birla-gautam-adani-anand-mahindra-srk-amitabh-bacchan/1/928939.html|publisher=[[India Today]]|date=14 April 2017}}</ref>
* On 12 August 2017, Chandrasekaran was conferred the degree of [[Doctor of Letters]] (''Honoris Causa'') by his alma mater [[National Institute of Technology, Tiruchirappalli]].<ref>{{Cite news|url=http://www.thehindu.com/news/cities/Tiruchirapalli/doctor-of-letters-conferred-on-tata-sons-chairman/article19485017.ece|title=Doctor of Letters conferred on Tata Sons Chairman|date=2017-08-13|work=The Hindu|access-date=2018-01-11|others=Special Correspondent|language=en-IN|issn=0971-751X}}</ref>

==See also==
* [[Tata Sons]]
* [[Indian Institute of Management Lucknow]]
* [[Jamshed Jiji Irani]]

==References==
{{Reflist}}

==External links==
* [https://www.tata.com/chairman#//management-team/n-chandrasekaran Tata.com]
* [https://www.weforum.org/people/natarajan-chandrasekaran/ World Economic Forum]
* [http://blogs.economictimes.indiatimes.com/et-commentary/viva-la-e-volution/ Viva la e-volution - A blog by N.Chandrasekaran]
* [http://www.magzter.com/IN/Business-Media-Pvt-Ltd/Fortune-India/Business/154714 Fortune India]
* [https://www.nytimes.com/2015/02/15/business/natarajan-chandrasekaran-of-tata-consultancy-services-making-a-habit-of-accountability.html New York Times]
* [http://knowledge.wharton.upenn.edu/article/the-five-digital-forces-that-are-changing-the-tech-industry/ Knowledge at Wharton]
{{Chairmen of Tata Group}}
{{Tata Group}}

{{Authority control}}

{{DEFAULTSORT:Chandrasekaran, Natarajan}}
[[Category:Living people]]
[[Category:1963 births]]
[[Category:Tata Consultancy Services people]]
[[Category:National Institutes of Technology alumni]]
[[Category:Indian chief executives]]
[[Category:People from Namakkal district]]
[[Category:National Institute of Technology, Tiruchirappalli alumni]]
[[Category:Reserve Bank of India]]

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Natarajan Chandrasekaran