ZEEL MD & CEO Punit Goenka reappointed for five years

ZEEL MD & CEO Punit Goenka reappointed for five years

Punit Goenka

MUMBAI: Even as many have been harping on the debt challenges that Zee TV has been facing and questioning whether the promoter family – including CEO Punit Goenka - will continue at the helm of affairs, here’s news that at least puts paid to some of the doubting Thomases.

Zee Entertainment Enterprises Ltd today issued a notice to the Bombay stock exchange that its board today approved in-principle to reappoint Punit Goenka as its managing director & CEO for the next five years.  His term is slated to expire on 31 December 2019.  This means that PG  - as he is known to his colleagues in the Zeel  – will continue to be the man on top come 1 January 2020.