Tag: LeadershipChange

  • Gaurav Kanwal moves on from chief revenue officer post at Zee5

    Gaurav Kanwal moves on from chief revenue officer post at Zee5

    Mumbai: Even the steadiest hands must sometimes release the helm.

    In a surprising turn, Gaurav Kanwal, the chief revenue officer of Zee5, has stepped down, leaving behind a legacy of leadership at one of India’s premier digital entertainment platforms under Zee Entertainment Enterprises Ltd (ZEEL). While the reasons remain undisclosed, his departure marks the end of a significant chapter in Zee5’s journey, stirring curiosity and reflection across the industry.

    Prior to joining Zee5 in August 2021, Kanwal served as executive vice president of ad sales at Disney+ Hotstar, where he was responsible for identifying new avenues to drive ad revenue.

    Kanwal’s departure from Zee5 comes as the platform continues to strengthen its position in the competitive digital streaming market. His contributions have been pivotal in enhancing Zee5’s digital footprint and revenue streams.

    As the curtains momentarily fall on the CRO position at Zee5, the spotlight now shifts to the anticipation of a successor who will shape the platform’s next chapter. The silence is palpable, but the stage is set for what promises to be a defining announcement. Stay with us as we bring you the unfolding story and the next visionary who will lead Zee5’s journey forward.

  • Xiaomi India shakes up leadership as it aims to regain market lead

    Xiaomi India shakes up leadership as it aims to regain market lead

    Mumbai: In a significant move, Xiaomi India is reshaping its leadership to reclaim its former dominance in the fiercely competitive Indian smartphone market. The announcement of Xiaomi India’s president, Muralikrishnan B, stepping down marks a turning point, coinciding with the recent appointment of industry veteran Sudhin Mathur as the company’s chief operating officer.

    Muralikrishnan’s resignation aligns with his personal goals as he pursues a doctorate at the prestigious Indian School of Business. He will take a six-month gardening leave following his departure. This exit is expected to make waves within the company, given Muralikrishnan’s crucial role in Xiaomi India’s previous market strategies.

    Xiaomi India, general manager, Alvin Tse since 2022, has been managing the company’s operations from China. Tse remains at the helm of Xiaomi India’s business, even as he entrusts Mathur with the company’s front-facing responsibilities. “Alvin will remain the India head, and Sudhin Mathur will now be the company’s new face. Alvin brought Mathur onboard to lead the operations,” Moneycontrol quoted a source as saying.

    Mathur, with an impressive background as the former managing director of Motorola and Lenovo, is anticipated to play a pivotal role in rejuvenating Xiaomi India’s market position. Under his guidance, the company aims to strengthen its strategy, foster sustainable growth, and capture a broader share of the market.

    The official announcement of Muralikrishnan’s exit is expected later today. Xiaomi India has yet to respond to requests for comment.

  • Disney Star and Viacom18 merger: Major leadership shakeup unfolds

    Disney Star and Viacom18 merger: Major leadership shakeup unfolds

    Mumbai: The entertainment landscape is buzzing with news of a seismic shift as Disney Star, country manager and president, K. Madhavan steps down after a remarkable 15-year tenure. This pivotal change comes in the wake of the impending merger between Disney Star and Viacom18, signalling a new era for the companies involved. The industry watches closely as this merger reshapes leadership dynamics and strategic directions.

    Madhavan’s departure is not just a personal milestone; it marks a significant transition for Disney Star, which has been a powerhouse in the Indian media sector. His leadership has been instrumental in steering the company through various challenges, including changing viewer preferences and fierce competition in the streaming space.

    Disney+ Hotstar head, Sajith Sivanandan, another key player at Disney Star, also announced his exit, further emphasising the magnitude of this restructuring. Both executives have played crucial roles in defining the company’s vision and operational strategies. Their resignations raise questions about the future leadership structure as the merger progresses.