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Tag: resigns

  • Zeel CHRO Dheeraj Jaggi resigns

    Zeel CHRO Dheeraj Jaggi resigns

    MUMBAI: Zee Entertainment Enterprises Ltd (Zeel) has announced the resignation of Dheeraj Jaggi, chief human resources officer and senior management personnel, citing personal reasons. His resignation will take effect from 31 January 2025. The company made this public through a regulatory filing with the Bombay stock exchange on 31 January. 

    In a communication to company CEO Punit Goenka or PG, Jaggi expressed gratitude for his nearly six-year journey at Zeel, describing it as one of the most transformative phases of his career. He highlighted his contributions to the company’s internal transformation, culture, and capability-building agenda, as well as the honour of being entrusted with the responsibility of the CHRO role by  PG.

    Said Jaggi: “I have my deepest gratitude for the journey we have shared. From handling the HR agenda for the largest, diverse and complex businesses across Zeel and leading the internal transformation, culture and capabilities agenda, my journey at Zeel has been one of my career best. The opportunity to reimagine and drive your vision forward through strategy and robust execution, has been an honour and a privilege. The organization’s choice, helmed by you, to recognise my commitment by rewarding me with the responsibility of the CHRO position, is the one I will always have the deepest gratitude for. 

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    Jaggi assured the company of his commitment to serving his full notice period and facilitating a seamless transition. Zeel extended its appreciation for his contributions and wished him success in future endeavours.
     

  • Nachiket Pantvaidya resigns as group CEO of Balaji Telefilms

    Nachiket Pantvaidya resigns as group CEO of Balaji Telefilms

    Mumbai: Nachiket Pantvaidya has resigned as group chief executive officer of Balaji Telefilms, the company notified in a regulatory filing. This was his second stint with the company.

    He was appointed as group CEO in July 2021. Before rejoining Balaji Telefilms, Pantvaidya was the managing director at Asianet News Media and Entertainment. He was also the group chief operating officer at Balaji Telefilms and CEO of its streaming service Altbalaji.

    Pantvaidya has over two decades of experience in the media and entertainment industry having worked in organisations such as Star, Sony, Disney and BBC.

  • Nakul Chopra appointed as CEO of BARC India

    Nakul Chopra appointed as CEO of BARC India

    Mumbai: Broadcast Audience Research Council (BARC) India has appointed Nakul Chopra as the chief executive officer of the TV audience measurement agency, effective 25 August. Chopra succeeds Sunil Lulla, who is moving on from the organisation to pursue his ambition as an entrepreneur.

    Chopra joined the BARC India Board in 2016 and was subsequently appointed the chairman of the company from 2018 to 2019. In January 2020, he was appointed a member of its Oversight Committee.

    “A marketing and media veteran of nearly four decades, Chopra brings with him a rich repertoire of experience in financial & general management, process management as well as navigating the corporate legal environment,” said BARC India in a media statement. “He has been an integral part of the Advertising and Media fraternity, and BARC India will benefit from his wealth of knowledge and experience of over four decades.”

    On his new role, Chopra said,“I have had the benefit of a long association with BARC. The organisation has grown in measure and strength. TV continues to be the definitive screen of the Indian home – its strong reach and connect continues to elicit the trust of advertisers. I look forward to working with the very capable BARC team in further building on TV measurement and continuing the journey toward screen agnostic measurement.”

    He has also held the position of CEO, India & South Asia, Publicis Worldwide, from 2004-17. Prior to that he served as EVP, Trikaya Grey Advertising from 1989 to 1995. Chopra has also been the President, Advertising Agencies Association of India (AAAI) from Aug 2016 – July 2018.  

    Meanwhile, the outgoing CEO, Sunil Lulla said he is looking forward to embarking upon an entrepreneurial journey after four decades of an exciting career in professional services. “I am privileged to have been able to contribute to BARC and this has been possible only because of the excellent team of professionals, a very supportive Board and the gold standard of Board-appointed committees. I wish Nakul Chopra all the success,” said Lulla, who had taken over the reins at the TV measurement company from Partho Dasgupta in 2019. 

    BARC India chairman, Punit Goenka said, “I thank Sunil for his stewardship of BARC and his efforts to enhance the strength of the BARC currency. I am very happy to welcome Nakul as the natural and unanimous choice of the Board for the continuing journey of adding robustness to the BARC currency and strengthening the governance of the world’s largest television audience measurement body”.

  • Sunil Lulla steps down as CEO of BARC India, say reports

    Sunil Lulla steps down as CEO of BARC India, say reports

    Mumbai: Sunil Lulla has put in his papers as chief executive officer of Broadcast Audience Research Council (BARC) India, according to multiple media reports.

    Lulla took over the reins at the TV measurement company from Partho Dasgupta in 2019. In his previous stint, he was the group chief executive officer at Balaji Telefilms.

    He is a veteran in the media and entertainment industry with a career spanning three decades. He was associated with Grey Group India as chairman and managing director and Times Television Network as managing director and chief executive officer. Lulla, who began his career with HMV/Sa Re Ga Ma, has also been associated with Sony Entertainment Television, MTV, J Walter Thompson.

    There is no statement or confirmation on the development by Lulla or BARC India at the time of filing this report.

  • Raghav Bahl resigns as MD of The Quint

    Raghav Bahl resigns as MD of The Quint

    NEW DELHI: Serial entrepreneur, media veteran, and the founder of The Quint, Raghav Bahl has resigned as the managing director of the digital publisher. He, however, will continue to act as a non-executive promoter director on the board of the company.  Quint Digital Media runs and operates three digital platforms – thequint.com. hindi.thequint.com, and fit.thequint.com. The digital platforms offer media and journalism across five mediums – live, articles, videos, quint lab, and audio podcasts – across various categories.

    The information was provided on the Bombay Stock Exchange (BSE) via a statement reading, “In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the “LODR” Regulations”), we would like to inform that Raghav Bahl has resigned as the managing director of the company w.e.f. closure of business hours of 29 December 2020. Further,  Raghav Bahl will continue to act as non-executive promoter director of the board of the company.” 

    Bahl is best known for his past ownership of TV channels like TV18 India. He was also the founding/controlling shareholder and MD of Network18 Group and expanded it into a media conglomerate with TV channels, digital properties and a magazine. Under Bahl’s leadership, the company had formed successful joint ventures with CNBC, Forbes, A&E Networks, Viacom, and Time Warner, with whom it runs English news channel, CNN-News18.

    Later, along with wife Ritu Kapur, Bahl founded Quintillion Media. He also acquired a controlling stake in Gaurav Mercantiles in 2019 and merged Quintillion’s digital news businesses with it. 

    Bahl had planned to start a business news channel with Bloomberg under Quintillion Business Media. However, he was unable to procure a broadcast licence from the government for three years, eventually leading to the shutdown of the TV division in April 2020. He said he would focus on digital operations henceforth.

  • Red FM’s Rajat Uppal resigns

    Red FM’s Rajat Uppal resigns

    NEW DELHI: Red FM national marketing head Rajat Uppal has decided to move on from his current role, he told Indiantelevision.com.

    He had joined Red FM in 2012 and was responsible for running the marketing function, events vertical and the non-traditional revenues vertical. Under his leadership, the network strengthened its position in the industry.

    Uppal has over seventeen years of experience in marketing and has previously worked with brands like Fever 104 FM, Big 92.7 FM, and Radico Khaitan Ltd.

    He chose to remain mum about his next project. 

  • Sudhanshu Vats resigns as Viacom18 group MD & CEO

    Sudhanshu Vats resigns as Viacom18 group MD & CEO

    MUMBAI: In a surprising turn of events, Viacom18 announced that its group CEO and managing director Sudhanshu Vats has resigned from his post. He held the position for eight years.

    The press release issued by the company states that Vats is leaving behind a strong leadership team looking after the various verticals in the group and they will continue to manage those under the leadership of Network18 group managing director Rahul Joshi. Vats will be serving at Viacom18 till 15 April 2020.

    During his years at the company, Vats expanded the media network’s footprint into new business lines of Digital, Experiential Entertainment and Consumer Products. He also strengthened Viacom18’s position in Hindi mass entertainment, regional, kids, music & English entertainment and turned around the filmed entertainment business with content-led cinema. Viacom18 has grown from a six to a 54-channel network with its video-on-demand platform, Voot, helping it establish a strong digital presence.

    Network18, RIL’s flagship in Media and Entertainment, has driven value-addition and synergies across the multi-platform group comprising broadcast, digital, filmed and experiential entertainment and media businesses. As a part of the Network18 group, Viacom18 has grown as a prominent entertainment broadcaster (ex-sports), with an 11.1 per cent viewership share and is poised for accelerated growth in broadcasting, film studio and OTT offerings.

    Speaking on the development, Network18 board chairman Adil Zainulbhai, said, “Sudhanshu is a dynamic and admired leader in corporate India today. Not only has he led from the front in shaping up Viacom18’s growth story, he has also championed the cause of the sector at the various industry bodies that he has captained. While we are sad to lose him, it is equally reassuring to know that we have a strong second line that’s raring to go. I’d like to wish Sudhanshu all the very best for his future endeavours.”

    Speaking about his journey at Viacom18, Sudhanshu Vats said, “It has been an extremely challenging and satisfying 8 years at the helm of Viacom18. I have had the privilege of working with some of the best minds in M&E industry to chart the growth story of Viacom18. We have together built one of the most admired media company of brilliant storytellers with diversified presence across screens and platforms. As I look forward to taking up newer challenges, I shall always cherish the learnings in leading India’s youngest and fastest-growing media and entertainment company.”

  • Jayanta Pani Resigns as CFO of GTPL Hathway

    Jayanta Pani Resigns as CFO of GTPL Hathway

    MUMBAI: Jayanta Pani chief financial officer (CFO) of GTPL Hathway has decided to part ways with the company. Pani’s last working day at GTPL, where he joined in November 2008, will be 30th June.

    “Jayanta Kumar Haribandhu Pani, Chief Financial Officer (Key Managerial Personnel) of GTPL Hathway Ltd, has tendered his resignation and his resignation will be effective from June 30, 2018 i.e. closing working hours on June 30, 2018 will be his last working day in the Company,” read GTPL Hathway’s filling with the Bombay Stock Exchange (BSE).

    Pani was appointed as CFO on 28th September 2016. He was earlier associated with GTPL Hathway Limited as Vice President of Finance.

    At GTPL, his responsibilities included dealing with overall finance and accounts department as well as the subsidiary companies

    Pani has 15 years experience in the field of account and finance.

  • ZEEL exec Sunil Buch resigns

    ZEEL exec Sunil Buch resigns

    MUMBAI: Sunil Buch has put in his papers at ZEEL.

    Appointed as the chief business officer of the network in 2014, and recently elevated to the position of the chief executive officer (CEO) — Zee Live and Zee Talent and head of corporate brand and communications.

    Buch has over two decades of experience in functional and general management across various sectors like FMCG, advertising, media and entertainment and telecom retail.

    Prior to joining ZEEL, he was the business head at Reliance Own Retail at Reliance Communications. He has also worked with major brands like Colgate – Palmolive, Johnson and Johnson, Leo Burnett and Marico.

  • Twitter CEO Dick Costolo resigns, Jack Dorsey returns as interim CEO

    Twitter CEO Dick Costolo resigns, Jack Dorsey returns as interim CEO

    MUMBAI: Twitter CEO Dick Costolo has decided to step down from his post effective 1 July, 2015.

     

    Twitter co-founder and chairman of the Board Jack Dorsey will serve as interim CEO while the Board conducts a search for the next CEO.

     

    Costolo will continue to serve on Twitter’s Board of Directors, and Dorsey will continue to serve as CEO of Square, Inc., the payments and financial services company he co-founded in 2009.

     

    Twitter’s Board has formed a Search Committee to lead the search for a permanent CEO. The Search Committee is chaired by the Board’s lead independent director Peter Currie, and includes Peter Fenton and Evan Williams.

     

    The Committee will retain a leading executive search firm to assist in conducting a global search, which will consider both internal and external candidates for the CEO position.

     

    Costolo said, “I am tremendously proud of the Twitter team and all that the team has accomplished together during my six years with the Company. We have great leaders who work well together and a clear strategy that informs our objectives and priorities. There is no one better than Jack Dorsey to lead Twitter during this transition. He has a profound understanding of the product and Twitter’s mission in the world as well as a great relationship with Twitter’s leadership team. I am deeply appreciative of the confidence the Board, the management team and the employees have placed in me over the years, and I look forward to supporting Twitter however I can going forward.”

     

    Dorsey added, “The future belongs to Twitter thanks in large part to Dick Costolo’s dedication and vision. Dick has put a world-class team in place and created a great foundation from which Twitter can continue to change the world and grow. We have an exciting lineup of products and initiatives coming to market, and I look forward to continuing to execute our strategy while helping facilitate a smooth transition as the Board conducts its search.”

     

    Dorsey continued, “I am grateful for the talented team at Square, which I will continue to lead. We have built a very strong company from top to bottom, and I am as committed as ever to its continued success.”

     

    Currie said, “On behalf of the Board, I want to thank Dick for his years of tireless devotion to building Twitter into the strong and dynamic company it is today, putting us in a superb position for continued growth and innovation for many years to come. We look forward to his continued contributions during the transition period and as an ongoing member of the Board. The Board is fully committed to running a thorough process to identify the right CEO to lead Twitter into its next phase of growth. In the meantime, we are fortunate to have Jack – one of our founders – step back into a management role and help lead Twitter as we continue executing on our strategic priorities.”

     

    Second Quarter 2015 Outlook

     

    Twitter also reaffirmed its outlook for the second quarter of 2015. The company continues to expect revenue to be in the range of $470 million to $485 million and adjusted EBITDA to be in the range of $97 million to $102 million. Stock-based compensation expense is expected to be in the range of $190 million to $200 million, excluding the impact of equity awards that may be granted in connection with potential future acquisitions.