People: Tata Steel Ltd (TISC.BO)
Mr. Thachat Viswanath Narendran has been appointed as Managing Director - Designate, Additional Director of Tata Steel Limited effective November 1, 2013. Mr. Narendran worked in the International Trading Division of Tata Steel from 1988 to 1997 wherein he spent five years in Dubai looking after Tata Steels' exports to the Middle East. From 1997 to 2001 he spent time in Tata Steels' marketing and sales division and was involved in market development work for the Cold Rolling Mill Project, Supply Chain Management, Sales Planning etc. From 2001 to 2003 he was the Chief of Marketing & Sales (Long Products) and played a key role in building the 'Tata Tiscon' brand and the distribution network for the same. From 2003 to 2005 he worked with Mr. Muthuraman, the then Managing Director of Tata Steel as his Principal Executive Officer. He was actively involved in the Tata Steel's first overseas acquisition, NatSteel and was seconded there as an Executive Vice President in 2005. He ran operations in NatSteel thereafter as the Deputy President (Operations) and took over as the President & CEO on 1st January 2008. He played a key role in the integration of NatSteel and Tata Steel.
|Total Annual Compensation, INR||48,307,000|
|Restricted Stock Awards, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||48,307,000|