Veteran media executive Mark Thompson will be&nbsp;CNN's new CEO and chairman, starting October 9.&nbsp;

"There isn't a more experienced, respected, or capable executive in the news business today than Mark, and we are thrilled to have him join our team and lead CNN Worldwide into the future," CNN quoted David Zaslav, CEO of Warner Bros. Discovery, as saying on Thompson's appointment.

Mark Thompson's appointment as CEO of CNN comes at a critical juncture for the network, which is grappling with a series of formidable hurdles.&nbsp;

Thompson, a seasoned media executive renowned for his role in reviving The New York Times during a tumultuous period, now holds the key to how these issues will shape CNN's future.

The TV network faces multiple significant challenges, including the shifting landscape of traditional linear television, the primary source of its revenue. Thompson's track record of transforming The New York Times into a digital powerhouse positions him as a valuable asset in guiding CNN's future in this evolving media landscape.

Thompson also faces the formidable task of leading a global news organisation with&nbsp;4,000 employees, which has weathered a series of major challenges over the past 20 months, including layoffs.

CNN's multi-front challenges

Of utmost significance is the existential threat to CNN's revenue model posed by the rapid decline of traditional linear television, traditionally its main source of income.

CNN has been facing a challenging political landscape. The re-emergence of former President Donald Trump, who previously targeted the news network during his first term, means that newsrooms will continue to grapple with a deluge of misinformation and smear campaigns from Trump and his supporters.

Furthermore, the CNN+ streaming service was abruptly discontinued, and high-profile anchors Chris Cuomo and Don Lemon were terminated. The introduction of significant programming changes, including the relaunch of the network's flagship morning show and prime-time lineup,&nbsp;dampened the morale of the rank and file.&nbsp;

Licht's unpopular leadership and CNN's ratings

Adding to the organisational turbulence, Zucker's successor, Chris Licht, remained unpopular during his brief tenure as CEO.&nbsp;

Licht's management decisions, including programming changes, resulted in declining ratings during his relatively short time in charge. Notably, MSNBC began to outperform CNN in key ratings categories, including the coveted 25-54 demographic, during his leadership.

Furthermore, Licht's departure in June followed a scathing feature in The Atlantic magazine that exposed various statements he made, including criticism of the network's coverage prior to his tenure, ultimately leading to his removal.&nbsp;

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Veteran media executive Mark Thompson will be CNN's new CEO and chairman, starting October 9. "There isn't a more experienced, respected, or capable executive in the news business today than Mark, and we are thrilled to have him join our team and lead CNN Worldwide into the future," CNN quoted David Zaslav, CEO of Warner Bros.

Veteran media executive Mark Thompson will be CNN's new CEO and chairman, starting October 9. "There isn't a more experienced, respected, or capable executive in the news business today than Mark, and we are thrilled to have him join our team and lead CNN Worldwide into the future," CNN quoted David Zaslav, CEO of Warner Bros. Discovery, as saying on Thompson's appointment. Mark Thompson's appointment as CEO of CNN comes at a critical juncture for the network, which is grappling with a series of formidable hurdles. Thompson, a seasoned media executive renowned for his role in reviving The New York Times during a tumultuous period, now holds the key to how these issues will shape CNN's future. The TV network faces multiple significant challenges, including the shifting landscape of traditional linear television, the primary source of its revenue. Thompson's track record of transforming The New York Times into a digital powerhouse positions him as a valuable asset in guiding CNN's future in this evolving media landscape. Thompson also faces the formidable task of leading a global news organisation with 4,000 employees, which has weathered a series of major challenges over the past 20 months, including layoffs. CNN's multi-front challenges Of utmost significance is the existential threat to CNN's revenue model posed by the rapid decline of traditional linear television, traditionally its main source of income. CNN has been facing a challenging political landscape. The re-emergence of former President Donald Trump, who previously targeted the news network during his first term, means that newsrooms will continue to grapple with a deluge of misinformation and smear campaigns from Trump and his supporters. Furthermore, the CNN+ streaming service was abruptly discontinued, and high-profile anchors Chris Cuomo and Don Lemon were terminated. The introduction of significant programming changes, including the relaunch of the network's flagship morning show and prime-time lineup, dampened the morale of the rank and file. Licht's unpopular leadership and CNN's ratings Adding to the organisational turbulence, Zucker's successor, Chris Licht, remained unpopular during his brief tenure as CEO. Licht's management decisions, including programming changes, resulted in declining ratings during his relatively short time in charge. Notably, MSNBC began to outperform CNN in key ratings categories, including the coveted 25-54 demographic, during his leadership. Furthermore, Licht's departure in June followed a scathing feature in The Atlantic magazine that exposed various statements he made, including criticism of the network's coverage prior to his tenure, ultimately leading to his removal. WATCH WION LIVE HERE

Mark Thompson to takeover as CEO and Chairman of CNN

Tata Consultancy Services or TCS has named Kirthi Krithivasan as the company's new CEO and MD after former position holder Rajesh Gopinath resigned earlier this week unexpectedly. Kirthivasan is a familiar face and has&nbsp;served the company the same as Gopinath. The company in its statement said that he&nbsp;will be responsible for planning and executing the company's growth strategies, improving financial performances and market positioning. But who is K Kirthivasan, where and at what position was he working earlier, what's his educational qualification&nbsp;and why did Gopinath resign after a 22-year tenure? Here's everything you need to know about the two:

Who is Kirthi Krithivasan?

Having a Bachelor's Degree in Mechanical Engineering from the University of Madras and a Master's Degree from IIT Kanpur, Kirthivasan is one of the most renowned faces of the industry and at TCS as well. He joined TCS back in 1989, Money Control reported.

Previous to this, he worked as the President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group, one of the company’s largest and most prominent verticals in terms of revenue contribution, deals, and business. Krithivasan was also then responsible for 35-40 per cent of TCS’ revenue.

He had also helped the company with many key clients with digital transformation, change in management cycle acceleration, and in achieving value beyond cost optimisation, and establishing IT programme governance.

Krithivasan is also a member of the Board of Directors of the supervisory board of TCS Technology Solutions AG, TCS Iberoamerica, as well as TCS Ireland.&nbsp;

Why did Rajesh Gopinath resigned after 22 years?

As per the company's statement, former CEO and MD Rajesh Gopinathan resigned on March 16 after a stellar career for 22 years to pursue 'other interests' and will step down in September this year.&nbsp;

The company in its statement said, "We wish to inform you that Mr Rajesh Gopinathan (DIN: 06365813), Chief Executive Officer and Managing Director of Tata Consultancy Services Limited (“the Company”) has tendered his resignation, which will be effective from the close of business hours on September 15, 2023."

Following his resignation, Gopinathan said that he enjoyed his tenure at TCS. According to Economic Times, he said, "It has been a pleasure working closely with Chandra, who has mentored me through this entire period. The last six years of leading this iconic organisation have been most enriching and fulfilling, adding over $10 billion in incremental revenues and over $70 billion increase in market capitalisation."

Tata Consultancy Services or TCS has named Kirthi Krithivasan as the company's new CEO and MD after former position holder Rajesh Gopinath resigned earlier this week unexpectedly.

Tata Consultancy Services or TCS has named Kirthi Krithivasan as the company's new CEO and MD after former position holder Rajesh Gopinath resigned earlier this week unexpectedly. Kirthivasan is a familiar face and has served the company the same as Gopinath. The company in its statement said that he will be responsible for planning and executing the company's growth strategies, improving financial performances and market positioning. But who is K Kirthivasan, where and at what position was he working earlier, what's his educational qualification and why did Gopinath resign after a 22-year tenure? Here's everything you need to know about the two: Who is Kirthi Krithivasan? Having a Bachelor's Degree in Mechanical Engineering from the University of Madras and a Master's Degree from IIT Kanpur, Kirthivasan is one of the most renowned faces of the industry and at TCS as well. He joined TCS back in 1989, Money Control reported. Previous to this, he worked as the President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group, one of the company’s largest and most prominent verticals in terms of revenue contribution, deals, and business. Krithivasan was also then responsible for 35-40 per cent of TCS’ revenue. He had also helped the company with many key clients with digital transformation, change in management cycle acceleration, and in achieving value beyond cost optimisation, and establishing IT programme governance. Krithivasan is also a member of the Board of Directors of the supervisory board of TCS Technology Solutions AG, TCS Iberoamerica, as well as TCS Ireland. Why did Rajesh Gopinath resigned after 22 years? As per the company's statement, former CEO and MD Rajesh Gopinathan resigned on March 16 after a stellar career for 22 years to pursue 'other interests' and will step down in September this year. The company in its statement said, "We wish to inform you that Mr Rajesh Gopinathan (DIN: 06365813), Chief Executive Officer and Managing Director of Tata Consultancy Services Limited (“the Company”) has tendered his resignation, which will be effective from the close of business hours on September 15, 2023." Following his resignation, Gopinathan said that he enjoyed his tenure at TCS. According to Economic Times, he said, "It has been a pleasure working closely with Chandra, who has mentored me through this entire period. The last six years of leading this iconic organisation have been most enriching and fulfilling, adding over $10 billion in incremental revenues and over $70 billion increase in market capitalisation."

Who is Kirthi Krithivasan? The new CEO & MD of TCS following Rajesh Gopinath's resignation

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Mark Thompson to takeover as CEO and Chairman of CNN

Who is Kirthi Krithivasan? The new CEO & MD of TCS following Rajesh Gopinath's resignation