Mumbai: Viacom18 confirmed the departure of Raj Nayak, the media network’s Chief Operating Officer. Raj Nayak had joined Viacom18 in 2011 as CEO, COLORS and was elevated to COO – Viacom18 in May 2017, following which middle of this year, his role was expanded to lead the revenue portfolio for the network’s broadcast business.
Speaking about Raj Nayak’s departure, Sudhanshu Vats – Group CEO and MD Designate, Viacom18 said, “Raj is one of the most admired leaders in the media and entertainment industry. While on one hand, it is our loss to see a committed and capable leader leave, on the other, it is reassuring to know that he will always keep Viacom18’s flag flying high. On a personal level, I would like to thank Raj for partnering me as Viacom18 scaled newer heights. On behalf of everyone at Viacom18, I’d like to wish Raj all the very best for his future endeavours.”
Speaking about his journey at Viacom18, Raj Nayak said, “The last seven and a half years at Viacom18 have been most exciting, challenging and rewarding. I have a wonderful team and they helped propel the company to new heights. The Viacom18 leadership has always been supportive and for that, I will always be grateful. These are exciting times for the media industry, the pace of change is remarkable, and I feel energised about the opportunity to do something new in this new landscape.”
Raj Nayak will be serving at Viacom18 till February 2019.