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Uday Shankar resigns to start entrepreneurial journey

The Walt Disney Company APAC president and Star & Disney India chairman Uday Shankar.   | Photo Credit:Uday Shankar, the long standing top media and entertainment executive helming Star, 20th Century Fox in this region for around one and half decades, has decided step down as president, The Walt Disney Company APAC and chairman, Star & Disney India, effective as of December 31, 2020.This was announced by Rebecca Campbell, chairman of Disney’s Direct-to-Consumer & International segment.Mr. Shankar is moving on to pursue an entrepreneurial career where in he would support and mentor India’s young minds to create transformational solutions with funding from global investors

.Over the next three months, Mr. Shankar will work closely with Ms. Campbell to identify his successor to ensure a smooth transition, the company said in a statement.“I want to thank Uday for his leadership and dedication to our APAC business. With the successful launch of Disney+ throughout the region, he has helped put The Walt Disney Company in a commanding position in this dynamic and incredibly strategic part of the world.”His vast experience and expertise have been invaluable in bringing together a strong, cohesive APAC leadership team to chart a path forward for our streaming businesses in the region and beyond,” said Ms. Campbell.

News source ~ The Hindu