The Times of India’s Executive Editor, Jaideep Bose, popularly known as Jojo among his friends and colleagues, is all set to move out after a stint of over 15 years with Bennett, Coleman & Co. Ltd, according to sources close to the development. His next destination is the business daily that Network18 Group plans to bring out through a JV with the Pearson Group of UK, which publishes the Financial Times. When contacted, Jojo declined to comment.
At the end of a retreat at Ramgarh, near Nainital, over Thursday and Friday last week, where senior editors of the TOI, Times Publishing CEO Ravi Dhariwal, and brand executives had congregated, Jojo is reported to have told some of his senior colleagues that he was inclined to take up the offer from Network18.
Jojo has been at the helm of TOI since January 2004. Prior to that, he was Executive Editor of The Economic Times for a few years. He began his career with the Times Group as Resident Editor of the Kolkata edition of ET sometime in the early 90s. He had moved in from The Telegraph of the ABP Group in Kolkata.
Arguably, Jojo has to his credit among the longest unbroken tenures as the top editorial person in Bennett, Coleman & Co. Ltd in recent times, if one considers his back-to-back stints as editor of TOI and ET. A low-profile editor, who prefers the solitude of the editorial backroom, Jojo has an enviable track record of leading a dedicated team to achieve editorial goals.
According to a senior level insider, what is a matter of worry for the top brass at BCCL is the prospect of a Pied Piper fallout with many senior and middle level editorial hands jumping ship to join Jojo in his new assignment. Having led ET and TOI in succession for the past seven to eight years, he can dig deep into the talent pool of the Times Group.
The Jains are believed to be still talking to Jojo to make him stay back. But that seems unlikely to fructify from current indications, in view of the fact that Jojo has been promised substantial stock option in the JV that will launch the Indian edition of the Financial Times. That is a winner that the Jains cannot match as BCCL is a family-owned company.