While Siddharth Sharma was an internal candidate for the chief executive role, Tata Trusts brought Aparna Uppaluri from Ford Foundation, and has created the chief operating officer’s post to accommodate her.
Tata Trusts holds a 66 percent stake in Tata Sons, the holding entity of the salt-to-software conglomerate (File image: Reuters)
Tata Trusts on January 24 announced the elevation of its internal candidate Siddharth Sharma as the chief executive officer, and has decided to bring Ford Foundation official Aparna Uppaluri onboard as its chief operating officer.
The appointments of the new CEO and COO will come into “effect from April 1, 2023”, said Tata Trusts, which holds a 66 percent stake in Tata Sons, the holding entity of the $128 billion salt-to-software conglomerate.
Sharma, a former civil servant, will succeed N Srinath, who stepped down as the CEO of Tata Trusts last year following his retirement.
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