Subhash Chandra appointed as Chairman Emeritus at ZEEL
Subhash Chandra has been appointed as Chairman Emeritus of Zee Entertainment Enterprises Limited (ZEEL) with effect from August 19, 2020. He had resigned as non executive director of the board in November 2019 but will remain with the company in a honorary fashion. R Gopalan has been appointed as Chairman of the Board.
In a BSE filing, a statement issued by the company read "In recognition of the fact that..Chandra founded the company and considering his unmatched contributions, as a mark of respect, the Board requested him to act as 'Chairman Emeritus' with effect from August 19, 2020 and the same was accepted by him. This position will not carry any remuneration. As Chairman Emeritus, Shri. Chandra will continue to guide the Board and the Company's Senior Management."
Subhash Chandra is the chairman of the Essel Group, an Indian media conglomerate, and founded Zee TV in 1992, the second private commercial television channel in the country.
R Gopalan is an IAS officer (1976 batch) from Tamil Nadu and has served the country as Secretary of Ecnomic Affairs in the Finance Ministry. He completed his Masters in Public Administration and Management from Harvard University, MA in Economics from Boston University and Bachelor's Degree in Chemistry from Madras University.