In the wake of Sunjay Kapur’s unexpected death, Jeffrey Mark Overly has been named the new Chairman of Sona Comstar, a prominent player in the automotive components industry with a valuation of Rs 31,000 crore. This leadership transition marks a significant shift in the company’s management structure. Despite being Kapur’s ex-wife, Karisma Kapoor and their children will not inherit any business stakes or personal assets from him. Instead, they are financially secured through bonds and property allocations. Meanwhile, Priya Sachdev, Kapur’s current wife, has been appointed as a non-executive director at Sona Comstar. This move ensures her involvement in the company’s strategic direction without direct operational responsibilities. The appointment of Overly is seen as a strategic decision to maintain stability and continuity within the company during this transitional period. As Sona Comstar continues to navigate the competitive landscape of the automotive industry, Overly’s leadership is expected to steer the company towards sustained growth and innovation. The reorganization reflects a broader trend in corporate governance where companies are increasingly prioritizing professional management over familial succession to enhance operational efficiency and shareholder value. This development also underscores the importance of clear succession planning in large business conglomerates to ensure seamless transitions and uphold stakeholder confidence.