Shashi Kalathil, CEO, Neo Sports, has put in his papers. He will be with the company till the end of February 2008. An official communiqué from Neo Sports said, “Shashi will be leaving to pursue interests outside the Group and will be remembered by us fondly for his valued contribution to the growth of the business as well as the integrity and intellectual bandwidth he possesses.”
With Kalathil's contribution, Neo Sports has grown to be a broadcast business clocking revenues well over Rs 300 crore in its first full year of operations, broadcasting on seven major platforms and thousands of cable networks across 30 countries from the Middle East in the West to Japan in the East.
Kalathil said, “I joined Neo Sports as a friend of the Nimbus family in which capacity I will continue to interact with the Neo team. I have thoroughly enjoyed the excitement of sports broadcasting and believe that Neo Sports has both the management and assets to be a pan-Asian leader in the sector.”