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Home World India

‘I’ve asked board to allow me…’: Punit Goenka steps down as Zee MD, to stay on as CEO

18 November 2024
in India
0
‘I’ve asked board to allow me…’: Punit Goenka steps down as Zee MD, to stay on as CEO
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Punit Goenka is stepping back from his role as managing director of ZEE Entertainment Enterprises Ltd. (ZEEL) to focus solely on his duties as CEO, following a direct appeal to the board. The move aims to sharpen ZEEL’s operational focus and meet enhanced revenue, EBITDA, and profit goals. The board supports Goenka’s decision, introducing higher performance targets and appointing Mukund Galgali as Deputy CEO to strengthen management amid ongoing structural changes.

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