Economic slump can wreak havoc on CEO's track record

Unless new members are inducted at jet speed, the strength of Tata Sons board will come down to four in July. When Cyrus Mistry joined Tata Sons in September 2006, he was the 11th board member of the unlisted holding company of India’s largest business conglomerate. In close to seven years, Mistry, now chairman, has seen the size of the board shrink to five. And, unless new members are inducted at jet speed, the strength will come down to four in July, when group veteran R K Krishna Kumar ...