N. Ravi has taken over as Editor-in-Chief of The Hindu , and Malini Parthasarathy as Editor of The Hindu . Arun Anant is no longer the Chief Executive Officer of Kasturi & Sons Limited, the company that owns and publishes The Hindu Group of publications. N. Ram has become Chairman of KSL and Publisher of The Hindu and Group publications; and N. Murali, Co-Chairman of the company. These decisions were taken by the Board of Directors of the Company at its meeting on Monday.
In consequence, Siddharth Varadarajan, who was made Contributing Editor and Senior Columnist, The Hindu , has submitted his resignation.
The Board also decided to allocate specific responsibilities to other Directors.
The decision to make deep-going changes was made chiefly on the ground that there were recurrent violations and defiance of the framework of the institution’s longstanding values on the business side, and recurrent violations and defiance of ‘Living Our Values’, the mandatory >Code of Editorial Values applicable to The Hindu . The whole effort is to restore employee morale, good industrial relations, and the trust of this newspaper’s more than two million readers.
The existing editorial arrangements for Business Line , Frontline , Sportstar , and The Hindu (Tamil) will continue unchanged and the process of professionalisation, now involving a mix of shareholder-Directors and other professionals, will continue.
The 135-year-old institution reaffirms its commitment to its core editorial and business values, and excellence in journalism.
- N. Ram, Chairman, Kasturi & Sons Limited
Published - October 21, 2013 08:07 pm IST
