Zee Entertainment Reappoints MD & CEO Punit Goenka For Five Years
The reappointment, effective from 1 January 2025, is subject to approval of shareholders
(The Corner Office Journal) -- Zee Entertainment Enterprises Ltd. said its board reappointed Punit Goenka as managing director & chief executive officer of the company for five years.
The reappointment, effective from 1 January 2025, is subject to approval of shareholders, the Indian media and entertainment company said in a stock exchange announcement. The company will hold its annual general meeting on 28 November.
Zee said Goenka recently implemented a strategic growth plan that centers around frugality, optimization and a sharp focus on quality content in order to further enhance the performance and profitability of the company.
“This is to ensure that the performance of the company is enhanced by several notches, and it achieves the targeted growth aspirations by FY26,” it added.
In August 2024, Zee and Sony Group’s Indian units also reached a settlement to conclude all disputes related to their scrapped merger deal worth $10 billion.
The settlement came after the companies mutually agreed to independently pursue future growth opportunities and focus on the evolving media & entertainment landscape.
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