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Zee Entertainment‘s president and group chief expertise officer Nitin Mittal has resigned as the corporate streamlines the vertical. The board of the corporate has accepted the resignation of Mittal, who was working on this function for the final two years, it added.
This announcement comes amid strategic modifications within the expertise and information vertical, applied by managing director and CEO Punit Goenka, a ZEEL assertion mentioned.
“The MD & CEO has accepted the resignation of Nitin Mittal,” it added.
“Under the guidance of the Board and in line with the strategic approach undertaken by the MD and CEO, significant steps are being implemented to build a new lateral structure that lays a sharper emphasis on accountability and results,” mentioned ZEEL.
This is the second main exit from ZEEL just lately.
continued beneath
Last week Rahul Johri, who was President – Business of ZEEL, and heading income and monetisation, resigned after a stint of over three years.
Earlier this month, its Chairman R Gopalan in an investor convention mentioned since 2020 ZEEL’s efficiency has been impacted resulting from industry-wide macro slowdown, transitory points, and administration bandwidth constraints resulting from merger actions.
The board has determined to carefully monitor the enterprise mannequin and plan introduced by the MD & CEO of the corporate, whereby he has offered the roadmap to enhance the efficiency and effectivity of every of the companies to attain larger EBITDA.
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