Zee president and group chief technology officer Nitin Mittal resigns

Zee Entertainment's president and group chief technology officer Nitin Mittal has resigned as the company streamlines the vertical.

The board of the company has accepted the resignation of Mittal, who was working in this role for the last two years, it added.

This announcement comes amid strategic changes in the technology and data vertical, implemented by managing director and CEO Punit Goenka, a ZEEL statement said.

Last week Rahul Johri, who was President - Business of ZEEL, and heading revenue and monetisation, resigned after a stint of over three years.

Earlier this month, its Chairman R Gopalan in an investor conference said since 2020 ZEEL's performance has been impacted due to industry-wide macro slowdown, transitory issues, and management bandwidth constraints due to merger activities.

The board has decided to closely monitor the business model and plan presented by the MD & CEO of the company, wherein he has provided the roadmap to improve the performance and efficiency of each of the businesses to achieve higher EBITDA.