Mumbai, Jan 21 (UNI) Peter Mukerjea, Chief Executive Officer, STAR Group, India and Sameer Nair, Chief Executive Officer, STAR Entertainment, India, today tendered their resignations.
Mukerjea's resignation will come into effect from January end while Nair's resignation will come into effect from March end.
Paul Aiello, STAR CEO designate, will be the acting Chief Executive Officer of STAR India, a release issued by STAR India Ltd here said.
Nair's resignation comes on the eve of the launch of 'Kaun Banega Crorepati (KBC)' with Shah Rukh Khan as the host.
Commenting on the announcement, Aiello said, ''Peter and Sameer are two extraordinary executives in the industry. The transformation of STAR India into the leading television network in the country came in no small part due to their leadership. It is with great regret that we accept their decisions to resign from the company. We thank them for their tremendous contributions and wish them all the best in the future.'' UNI