“Senthil Chengalvarayan, Editor-in-Chief, Business Newsroom, Network18, has decided to move on,” the company said in a statement.
Senthil was with the Network18 Group since its formative days.
On September 25, the company had announced that Parigi has been shifted as Advisor to its Chairman Adil Zainulbhai.
No reasons were assigned for moving out Parigi, who was appointed Group CEO only in January this year. Prior to joining Network18, Parigi was the Managing Director and CEO of Radio Mirchi/Entertainment Network India Ltd (ENIL), a subsidiary of Times Infotainment Media Ltd (TIML).
The company statement said Zainulbhai thanked Senthil for his “stellar contributions over 21 years in the group.”
“Senthil, who I consider as a valued colleague and a friend, had a range of contributions over the last 21 years. Today isn’t the day to reiterate them,” he said. “This is a moment to say a big thank you and to join together in wishing Senthil the very best in whatever he undertakes hereon.”