WSJ includes Tata's Cyrus Mistry in 'Twelve Global Executives to watch in 2012'
Wall Street Journal has included Cyrus P Mistry, Tata Group’s apparent heir, in ‘Twelve Global Executives to watch in 2012’ list. Forty-three year old Mistry will head Tata Group from December, 2012.
Mr. Mistry has served his family construction firm, Shapoorji Pallonji & Co., as managing director. His father, Pallonji Mistry, is the biggest shareholder in Tata Sons, Tata's holding company, with a stake of about 18%.
Mr. Mistry will spend almost a year's apprenticeship with the outgoing Tata Group chairman, Ratan Tata, who retires in December 2012.
Other global executives on the list are Apples’s Tim Cook, Toyota’s Akio Toyoda, Merck’s Kenneth C. Frazier, Tom Horton of AMR Corp. and American Airlines, Ron Johnson of J.C. Penney, Disney’s Tom Staggs and Jay Rasulo, Fu Chengyu of Sinopec, IBM’s Ginni Rometty, Abilio Diniz of Pão de Açúcar, Meg Whitman of Hewlett-Packard and Jack Ma of Alibaba Group.
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