Tata Steel independent director quits to join US energy department

29 August 2022

Tata Steel Ltd's independent director David Crane has resigned from his position in order to join the US Department of Energy.

Since his new position required him to step off from all private sector positions Crane has put in his resignation, the company said in a stock exchange filing today.

Crane will leave the Tata Steel Board on Sep 5 and join his new position the next day according to his resignation letter

He joined Tata Steel's board as a non-executive independent additional director on Oct 11 last year.

After Crane's departure from the board position Tata Steel will have five independent directors and six non-independent directors.

In 2021-22 (Apr-Mar) the company had seen one independent director resign, another retire and a third one re-appointed on expiry of term. It has also appointed two new independent directors in that year which included Crane.