B Saikumar has been appointed CEO of the Network18 Group, taking over from Haresh Chawla, who resigned earlier this month. Saikumar was previously the Group COO, and the publisher of Forbes India, and had a significant involvement with defining the path taken by Web18. In his new role, he will be joining the boards of Homeshop18 and Viacom18. Prior to joining the Network18 Group, he was with the Times of India Group, where he worked with Times Music, Times Retail and Times FM. Also read: "Everyone loves to hate Network18" - Haresh Chawla on Exchange4Media A copy of the email Haresh Chawla sent out to the Network18 staff on Saikumar's appointment : Dear Team Network18, I am delighted to inform you that Sai is being promoted to Group CEO of Network18. This is part of the leadership succession plan that Raghav and I have been working on over the last few months. All of us are familiar with Sai, who has worked very closely with me since over a decade in building up Network18. He has been part of all our Network operations since inception and has shown impeccable leadership skills in whatever task he has taken on. For the last few years, since I was splitting my time with the Entertainment business, Sai has pretty much been running the News Network and the Web business single-handedly – and you’ve seen us scale up there into India’s largest and strongest News Network, and India’s largest internet destination. He has lead…
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