The leadership change will be effective starting April 1.
Times Internet has announced the promotion of Satyan Gajwani, formerly CEO, as vice chairman of the company. Meanwhile, Gautam Sinha the former chief operating officer will take over the role of chief executive officer.
Vineet Jain, MD of Bennett Coleman and Company will continue to serve as chairman of Times Internet. The new appointments come into effect in April.
"Times Internet is the largest digital products business in India, and operating across over 30 business segments with speed and effectiveness requires executional excellence," says Gajwani. "Having worked with Gautam closely for many years, I have great confidence in his understanding and capabilities with digital businesses. Most importantly, Gautam has helped shape Times Internet's culture, and he and I continue to believe that our roles are simply to enable and empower great business teams to execute as effectively as possible."
On his appointment, Sinha says, "Digital news, entertainment, classifieds, and commerce are rapidly shaping the Indian consumer's habits, and I am delighted to have the opportunity to spearhead an industry leader, with over 150 million highly engaged monthly users. Leading such a diverse portfolio in today's dynamic environment is a mammoth task. Satyan has done a fantastic job creating a solid cultural foundation, vision and team, and I'm excited to continue to work alongside Satyan to deliver world class products and experiences."
As a technologist and business leader, Sinha has more than 28 years of global experience in technology companies, and will bring his capabilities in execution to the new role. He has been with Times Internet for over eight years, having served as chief technology officer and chief operating officer. Before Times Internet, Sinha was a Silicon Valley entrepreneur and executive, building digital businesses.
Sinha started his career in 1986 as a defense scientist working on Dr Kalam's IGMDP program for DRDO. In 1991, he moved to the US, and after higher studies, worked for Neural Applications Corporation as a senior software engineer, building enterprise technologies using self-learning neural networks. In 1999, he started his entrepreneurial journey, and worked as chief operating officer and chief technology officer of CashEdge, a company based out of New York and California, which was acquired in 2011 for $465 million.
Times Internet (TIL) is a digital product company and the digital arm of The Times of India Group. It claims to reach over 160 million unique visitors, a month who collectively account for two billion visits and 13 billion minutes spent across web and mobile, with businesses across news, entertainment, sports, local, ecommerce, classifieds, startup investments, local partnerships, and more. Since 2013, TIL also runs the Times Global Partners unit, which partners with emerging global digital businesses to build local partnerships in India. It has partnered with marque brands such as Huffington Post, Uber, Adage India, Business Insider, Gizmodo, Lifehacker, IGN, AskMen, and more.