Tata mulling leadership makeover of $106 billion empire

Tata Sons Ltd, the holding company for India’s largest conglomerate, is considering an historic revamp of its leadership structure by creating a CEO's role to help improve corporate governance, people engaged in the deliberations said. Under the plan being proposed, the CEO will guide the sprawling businesses of the 153-year-old Tata empire, while the chairman will oversee the chief executive on behalf of shareholders, they said.

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