Brief by Shorts91 Newsdesk / 06:53pm on 06 May 2024,Monday Business
Zee Media Corporation Ltd has terminated CEO Abhay Ojha's employment, effective May 4, 2024, without specifying reasons. Ojha, promoted as CEO last year, joined the company in 2022 as Chief Business Officer. The board confirmed his cessation as CEO in a meeting today. Piyush Choudhary, Chief Manager – Legal, resigned last month. Zee Media's shares closed 1.36 percent lower at Rs 10.90 on BSE. Ojha's departure follows recent changes in the company's leadership, signaling potential shifts in strategy or management direction.