Kalathil, chief executive officer, Neo Sports, has decided to move on. Kalathil will leave the company at the end of February.
Harish Thawani, chairman, Neo Sports, says, "Shashi will be leaving to pursue interests outside the group. He will be remembered fondly by us for his valued contribution to the growth of the business as well as his integrity and intellectual bandwidth."
According to Thawani, Neo Sports has grown to be a broadcast business clocking revenues well over Rs 3,000 million in its first year of operations and Kalathil has played a big role in this achievement. Today, the channel broadcasts on seven major platforms and thousands of cable networks across 30 countries from West Asia in the West to Japan in the East.
An alumnus of IIM Bangalore, Neo Sports was Kalathil's first encounter with television during his 24 year career in fields spanning FMCG, telecom and broadband. He came to Nimbus in October 2006 from the Tata Group. Prior to that, he served at PepsiCo as executive director, marketing, and he has also done a stint with VSNL.