21st Century Fox’s Indian entertainment arm Star India announced a restricting in network management, elevating Chief Executive Officer (CEO) Uday Shankar to the post of chairman and chief executive. Sanjay Gupta will assume the role of managing director while his erstwhile post of chief operationg officer has been scrapped in the new structure.
In order to sharpen focus on the business in the four southern states, K Madhavan has been appointed managing director – South. Both Gupta and Madhavan will report to Shankar.
The move comes with the aim of positioning the organization to meet its future growth ambitions on the back of a decade of rapid growth.
Star has created new business units each with its o…
Read the full article at: http://www.business-standard.com/article/companies/star-india-announces-corporate-restructuring-116041300873_1.html