Why Ratan Tata was the chairman?

Though Mr. Ratan Tata owned meagre amount of shares, he was the chairman till he completed his tenure. Was that because the board was in his favour? Are there other reasons that support the cause?

1 Answer(s)


Ratan Tata was Chairman due to the outstanding operating performance he was delivering. He grew the company almost 20x during his time.

A Chairman does no necessarily have to be a large shareholder.