Zee CTO Nitin Mittal quits as company streamlines tech vertical
Zee Entertainment Enterprises Ltd on Friday said its president and group chief technology officer Nitin Mittal has quit the company after a three-year stint. This announcement comes amid strategic changes in the technology and data vertical, implemented by managing director and CEO Punit Goenka.
The news also comes close on the heels of Rahul Johri, president, business, quitting the company after a three-and-a-half-year stint last week. “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," Zee said in a statement on Friday.
Amrit Thomas, responsible for data science, Kishore Krishnamurthy, responsible for engineering, Bhushan Kolleri, responsible for product and Vishal Somani, responsible for enterprise and content technology, on an interim basis, will report to Amit Goenka, president – digital businesses and platforms. “The steps taken by the MD and CEO are aimed towards achieving a cost-effective structure, optimizing the resources and maintaining a sharp focus on quality, enabling continued success for the long-term growth of the company," Zee said.
In its recent earnings call, Zee revealed a strategic three-fold approach—cutting costs, minimizing business overlap, and improving quality to reclaim margins—following the collapse of its merger with Sony Pictures Entertainment. “Going forward, there will be a sharper emphasis on frugality, with a crystal-clear focus on quality and output.
Across verticals – including technology, content and marketing – we are implementing steps to optimise spends and enhance the return on investments. A
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