Ratan Tata, KBE (Born Ratan Naval Tata on 28 December 1937) is an Indian businessman of the Tata Group, a Mumbai-based

conglomerate. He was the chairman of the group from 1991-2012. He stepped down as the chairman on 28 December 2012 and now holds the position of Chairman Emeritus of the group which is an honorary and advisory position. He will continue as the chairman of the groups charitable trusts [2]
Contents
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1 Early life 2 Career 3 Honours and awards 4 References 5 External links

Early life[edit source | editbeta]

Tata is the adoptive great-grandson of Tata group founder Jamshedji Tata. His father, Naval Tata, had been adopted from the family of a distant relative by Jamsetji's childless younger son, also named Ratan Tata, and his wife Navajbai. Tata's parents (Naval and his first wife Sooni) separated in the mid-1940s when Ratan was seven and his younger brother Jimmy was five years old. Both he and his brother were raised by their grandmother Lady Navajbai.[3] Many years later, Naval Tata took a second wife, Simone, and fathered another son, Noel Tata. Tata began his schooling in Mumbai at the Campion School and the Bishop Cotton School in Shimla, and finished his secondary education at theCathedral and John Connon School.[4] He completed his B.S. in architecture with structural engineering from Cornell University in 1962, and the Advanced Management Program from Harvard Business School in 1975.[5] Tata is a member of the Alpha Sigma Phi fraternity.

Career[edit source | editbeta]

Tata began his career in the Tata group in 1962; he initially worked on the shop floor of Tata Steel, shovelling limestone and handling the blast furnace.[6] In 1991, J. R. D. Tata stepped down as Tata Industries chairman, naming Ratan as his successor. In 1991, Tata was appointed as the chairman of the Tata group. Under his stewardship, Tata Tea acquired Tetley, Tata motors acquired Jaguar Land Rover and Tata Steel acquired Corus, which have turned Tata from a largely India-centric company into a global business, with 65% revenues coming from abroad. He also pushed the development of the Tata Indica and the Tata Nano.

Ratan Tata retired from all executive responsibility in the Tata group on December 28, 2012 which is also his 75th birthday and he is succeeded byCyrus Mistry, the 44-year-old son of Pallonji Mistry and managing director of Shapoorji Pallonji Group.[7][8] He is chairman emeritus of Tata Sons, Tata Motors, Tata Steel and a few other group companies. He is also the chairman of the main two Tata trustsSir Dorabji Tata and Allied Trusts and Sir Ratan Tata Trust which together hold 66% of shares in the group holding company Tata Sons. Ratan Tata has served in various capacities in organisations in India and abroad. He is a member of the Prime Minister's Council on Trade and Industry. Tata is on the board of governors of the East-West Center, the advisory board of R&D's Center for Asia Pacific Policy and serves on the program board of the Bill & Melinda Gates Foundation's India AIDS initiative.[9]

Honours and awards[edit source | editbeta]

Ratan Tata's foreign affiliations include membership of the international advisory boards of the Mitsubishi Corporation, the American International Group, JP Morgan Chase and Booz Allen Hamilton. He is also a member of the board of trustees of the RAND Corporation, University of Southern California and Cornell University.[10][11][12] He also serves as a board member on South Africa's International Investment Council and is a member of the Asia-Pacific advisory committee for the New York Stock Exchange. He received the Padma Bhushan in 2000 and Padma Vibhushan in 2008 and Lifetime Achievement Award awarded by Rockefeller Foundation in 2012. In 2009, Tata was given an honorary knighthood, the Knight Commander of the Order of the British Empire (K.B.E.).[13][14]
Year Name Awarding organization Ref.

2013 Honorary Doctor of Business Practice

Carnegie Mellon University

[15]

2013 Ernst and Young Enterprenuer of the Year - Lifetime Achievement Ernst & Young

[16]

2012 Doctor of Business honoris causa

The University of New South Wales

[17]

2010 Business Leader of the Year

The Asian Awards.

[18]

2010 Honorary Doctor of Laws

Pepperdine University.

[19]

2010 Legend in Leadership Award

Yale University.

[20]

2008 Honorary Doctor of Science

Indian Institute of Technology Kharagpur.

[21]

2008 Honorary Doctor of Science

Indian Institute of Technology Bombay.

[22]

2008 Honorary Doctor of Law

University of Cambridge.

[23]

2008 Inspired Leadership Award

Inspired Leadership Award

[24]

2007 Carnegie Medal of Philanthropy

Carnegie Endowment for International Peace.

[25]

2005 Honorary Doctor of Science

University of Warwick.

[26]

2004 Honorary Degree of Doctor of Technology

Asian Institute of Technology.

[27]

References[edit source | editbeta]

1. Jump up^ The amazing story of how Ratan Tata built an empire. Rediff (21 October 2010) 2. Jump up^ http://timesofindia.indiatimes.com/business/indiabusiness/Ratan-Tata-is-chairman-emeritus-of-TataSons/articleshow/17671786.cms 3. Jump up^ "Ratan Tata rode the tiger economy and now he drives Jaguar". The Daily Telegraph. 30 Match 2008. Retrieved 31 March 2012. 4. Jump up^ "Ratan Tata goes back to school". Times of India. 31 March 2009. Retrieved 31 March 2012. 5. Jump up^ Sharma, Subramaniam (2006-10-18). "India's Tata Takes Leap With $7.6 Billion Corus Bid (Update1)". Bloomberg. Retrieved 2009-09-12. 6. Jump up^ Chidanand Rajghatta (2007-12-30). "Times of India Article: Man of the Year? Its Ratan Tata". The Times of India. Retrieved 2011-0223.

7.

Jump up^ "Cyrus P Mistry to succeed Ratan Tata". Retrieved 23 November 2011.

8.

Jump up^ "Ratan Tata, India's Corporate Czar, Retires With a $500 Billion Vision". Bloomberg. Retrieved 27 March 2013.

9.

Jump up^ "Chairman Profile, Interviews and Press Articles". Tata Group Website.

10. Jump up^ Board of Trustees, University of Southern California,Accessed April 13, 2008. 11. Jump up^ Ratan Tata Joins USC Board of Trustees, USC News, August 30, 2005. 12. Jump up^ Ratan Tata India's most powerful CEO, Mistry debuts at No. 15 The Times of India. Timesofindia.indiatimes.com (2012-05-25). Retrieved on 2012-12-27. 13. Jump up^ "Ratan Tata gets Lifetime Achievement Award". The Hindu. June 27, 2012. Retrieved June 27, 2012. 14. Jump up^ "LN Mittal, Ratan Tata, Narayana Murthy get Padma Vibhushan". 26 January 2008. Retrieved 26 January 2008. 15. Jump up^"http://www.cmu.edu/commencement/keynote_honorees/index.html C arnegie Mellon University". Missing or empty|url= (help); |accessdate= requires |url= (help) 16. Jump up^ "http://www.ey.com/ Ernst & Young". Missing or empty|url= (help); |accessdate= requires |url= (help) 17. Jump up^ "UNSW Newsroom". Indian industrialist Ratan Tata honorary degree. Retrieved 28 Nov 2012. 18. Jump up^ "Winners of the Asian Awards 2010". Times of India. October 2010. 19. Jump up^ "Pepperdine Confers Honorary Doctor of Laws Degree on Ratan N. Tata". Pepperdine University. September 2010. 20. Jump up^ "Yale Chief Executive Leadership Institute to Honor Tata Sons Chairman Ratan Tata with "Legend in Leadership Award"". Yale University. September 2010. 21. Jump up^ "IIT Kharagpur confers doctorate on Ratan Tata".Economic Times. March 2008.

22. Jump up^ "Ratan Tata gets smarter by a degree". Mumbai Mirror. August 2008. 23. Jump up^ "University of Cambridge confers doctorate on Ratan Tata". University of Cambridge. March 2008. 24. Jump up^ "Rajendra Pachauri and Ratan Tata guests of honour at Norwegian Creative Experience". Norwegian Embassy. November 2008. 25. Jump up^ "Carnegie Medal for Philanthropy on Ratan Tata".Carnegie Endowment for International Peace. March 2007. 26. Jump up^ "University of Warwick confers Honorary Doctor of Science on Ratan Tata". London School of Economics. March 2005. 27. Jump up^ "Asian Institute of Technology confers doctorate on Ratan Tata". Asian Institute of Technology. March 2008.

External links[edit source | editbeta]

Wikimedia Commons has media related to: Ratan Naval Tata

Ratan Naval Tata's chairman profile at Tata Group Profile at The Guardian Ratan Tata collected news and commentary at The Wall Street Journal Ratan Naval Tata collected news and commentary at The Bloomberg Businessweek

Ratan Naval Tata collected news and commentary at The Times of India Ratan Tata at the Notable Names Database "Ratan Tata '59: The Cornell Story" YouTube video Interview on Charlie Rose
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Chairmen of Tata Group

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Tata Group

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Cornell University alumni Indian businesspeople Businesspeople in metals Tata family Recipients of the Padma Vibhushan Recipients of the Padma Bhushan 1937 births Living people Parsi people Harvard Business School alumni Industrialists Recipients of the Maharashtra Bhushan Award Indian Zoroastrians Businesspeople in steel

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