Les Margulis has decided to step down from his current role of President of RK Swamy Media Group/ Media Direction. Margulis is moving to Australia on account of some personal reasons. Stepping into his shoes will be Chintamani Rao, who had recently retired from Times Global Broadcasting. Margulis will continue to be with the Group till the middle of July.
Both Srinivasan Swamy, Chairman, RK Swamy Hansa Group, and Margulis have confirmed the news to exchange4media.
With this, Rao returns to the advertising field. He takes charge from July 5, 2010 and will be based in Delhi. Rao had started his career as an account executive immediately after passing out from XLRI in 1974. He had worked with RK Swamy BBDO in his early days and later held general management positions in O&M, MAA Bozell, and McCann. At McCann, he moved from the creative agency to media when he took charge of Universal McCann.
He moved on to be President, Integrated Communications at McCann Worldgroup, responsible for the media, CRM and healthcare business. Thereafter, he became the CEO of India TV and then of Times Global Broadcasting Co (Times Now and ET Now). In the last few months, he was Vice-Chairman of Times Global and Advisor to Times Private Treaties of the Times Group.
At RK Swamy Media Group, Rao has a clear mandate to ensure high calibre of professionalism in the Group’s services to clients and be seen as a major player in this segment of business by driving for higher growth.