Come December 2012, 43-year-old Cyrus Pallonji Mistry will don a new hat, when he succeeds Ratan Tata as the chairman of Tata Sons, the holding company of over USD 80-billion Tata Group.
From leading the construction-oriented USD 2.5 billion construction giant Shapoorji Pallonji Group as Managing Director, Mistry will be catapulted to a much bigger role--leading the salt-to-software conglomerate that has been rapidly expanding across global markets.
Mistry, however, is not a new comer to the Tata Group. He was appointed to the board of Tata Sons in 2006. He holds non-executive position on boards of several other companies.
At present, he is a director of Tata Sons and Tata Elxsi (India). He was also a part of the five-member selection committee set up to find Ratan Tata's successor.
Born on July 4, 1968, Cyrus Pallonji Mistry is a Graduate in Civil Engineering from the Imperial College of Science, Technology and Medicine, London.
He also holds a Masters Degree in Management from the London Business School and is a Fellow at the Institution of Civil Engineers.
After joining in 1991 as a Director, Mistry is often credited with taking Shapoorji Pallonji Group to new heights, which now employs over 23,000 employees and has strong presence in India, besides the Middle East and Africa.