Cyrus Pallonji Mistry’s profile picture

Cyrus Pallonji Mistry

Ex Chairman of Tata Group
Cyrus Pallonji Mistry’s profile picture
Net worth 2018: $14.1 Billion
Industry: Business People
Country: Irish
BirthDay: 4 July 1968
Sigh: Leo
Height: 1.75 m
Education: Imperial College London, London Business School, University of Mumbai, The Cathedral & John Connon School
BIOGRAPHY

Cyrus Pallonji Mistry was bornon 4 July 1968 in Irish, is Ex Chairman of Tata Group. Cyrus Pallonji Mistry is an Irish entrepreneur with Indian roots who served as the Chairman of Tata Group—a major Indian business conglomerate—from 2012 to 2016. A longtime board member of Tata Sons, he was appointed the chairman of the company in 2012 as Ratan Tata’s successor. However his tenure in this leadership position was fraught with controversies and in October 2016, the board of Tata Sons voted to remove Mistry from the post of chairman. Mistry was born into a wealthy business Parsi family and his father was the head of Shapoorji Pallonji Group, a diversified multinational. After graduating in engineering, he got involved in the family-owned construction business. Under his leadership, the group's international construction business expanded its presence to more than ten countries. He oversaw the diversification of the company from just construction to designing and building complex projects in the marine, oil and gas, and rail sectors. Before entering the Tata Group, he served as the managing director of the Shapoorji Pallonji Group. At the Tata Group, he played a crucial role serving at various positions for Tata companies including Tata Industries, Tata Steel, Tata Chemicals and Tata Motors before his surprise ouster.

NET WORTH STATISTIC
2018

$14.1 Billion

TIMELINE
2016

The board of Tata Sons convened on 24 October 2016 and voted to remove Mistry from the post of chairman

2012

His appointment as the Chairman of Tata Consultancy Services Limited and the Tata Chemicals Limited came in December 28, 2012

2011

In November 2011, after being appointed as the deputy chairman of the Tata Group, he resigned from Shapoorji Pallonji & Co

2006

On September 1, 2006, he joined the board of Tata Sons, after one year of his father’s retirement from the Tata Group

1992

In 1992, he married Rohiqa Chagla, daughter of Iqbal Chagla, one of India’s most prominent lawyers

1991

In 1991, Cyrus Mistry joined the board of Shapoorji Pallonji & Company as director and was later appointed the managing director of the Shapoorji Pallonji Group in 1994

1990

From 1990 to 2009, he served as the Director of Tata Elxsi Limited

1968

Cyrus Mistry was born on July 4, 1968 in India to Pallonji Mistry, an Indian construction magnate, and his wife, Patsy Perin Dubash

1930

In the 1930s, his grandfather first bought shares in Tata Sons

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