Singh is moving into an advisory role in the company.
"After almost 44 years in my career, including a rewarding 25-year tenure at SPNI, I have decided to move on from my role as MD and CEO," Singh said in an internal email to employees.
He will focus on social change and transition from operational roles to advisory roles.
Singh noted that during his tenure at SPNI, the company has set industry standards, expanded reach and achieved several notable achievements.
"I am dedicated to ensuring that our legacy of success continues and grows under new leadership," he said.
The company has begun a "structured succession planning process to find its successor" and expects to have "exciting news to share" in the near future.
Singh said finding the right person "is our top priority".
He joined the company as CFO in June 1999, and was promoted to COO in 2004 and MD and CEO in 2014.
SPNI and Zee Entertainment Enterprises concluded a merger agreement earlier this year.
In January, Sony Group, the Japanese parent company of Sony Pictures Networks India (SPNI), now called Culver Max Entertainment, and Bangla Entertainment Pvt. Ltd. (BEPL) entered into a $10 billion merger agreement with Zee Entertainment.
Sony also called for arbitration and sought emergency interim relief against the company.
ZEEL had expressly rejected all claims raised by Culver Max and BEP over alleged breaches under the terms of the MCA, including their claims for termination fees.
"After almost 44 years in my career, including a rewarding 25-year tenure at SPNI, I have decided to move on from my role as MD and CEO," Singh said in an internal email to employees.
He will focus on social change and transition from operational roles to advisory roles.
Singh noted that during his tenure at SPNI, the company has set industry standards, expanded reach and achieved several notable achievements.
"I am dedicated to ensuring that our legacy of success continues and grows under new leadership," he said.
The company has begun a "structured succession planning process to find its successor" and expects to have "exciting news to share" in the near future.
Singh said finding the right person "is our top priority".
He joined the company as CFO in June 1999, and was promoted to COO in 2004 and MD and CEO in 2014.
SPNI and Zee Entertainment Enterprises concluded a merger agreement earlier this year.
In January, Sony Group, the Japanese parent company of Sony Pictures Networks India (SPNI), now called Culver Max Entertainment, and Bangla Entertainment Pvt. Ltd. (BEPL) entered into a $10 billion merger agreement with Zee Entertainment.
Sony also called for arbitration and sought emergency interim relief against the company.
ZEEL had expressly rejected all claims raised by Culver Max and BEP over alleged breaches under the terms of the MCA, including their claims for termination fees.
