Even though the Indian Premier League is underway in full swing, there has been a major development at official broadcaster Star Sports as Chief Executive Officer Gautam Thakar has stepped down after almost three years at the helm.
A source told Moneycontrol that he is likely to return to the United States and start his own venture.
Sanjog Gupta, a 10-year veteran at Star, will now head the Star Sports division.
Last week, Uday Shankar had also stepped down as president of the Asia Pacific unit of Walt Disney, which owns the Star India Network.
Thakar joined Star in January 2018 from LivingSocial, replacing Nitin Kukreja.
Read: IPL has established itself as a tentpole property: Gautam Thakar
In an earlier interview with Moneycontrol, Thakar had said that Star had managed to ride out the COVID-19 storm and was banking on the IPL to spearhead the growth prospects of the sports broadcasting network.
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