Suresh Selvaraj has resigned as president of the Outlook Group. His notice period is till the end of December 2011.
He commented, "In 1998 when I joined the group, I have added a prefix to my name: Outlook. In 2006, I have added a surname: Marie Claire. Outlook has always been the pride and Marie Claire, the passion. Both these magazines are part of my system and I have always felt a sense of ownership of these magazines– especially, Marie Claire – it is my baby. I am not naïve to believe that I am indispensable. Outlook Group is very strong with sufficent bench strength to face any situation. I strongly felt that I need to give it a pause after three decades in print media."
On his future plans, he said, "I am here till the end of December 2011. Come 2012, I will take a sabbatical for a few months and shall decide the course of my future."
Maheshwar Peri, publisher of Outlook Magazine and president, Outlook Publishing India, said, "Suresh was a great asset to Outlook and served the company extraordinarily for the last 15 years. We will miss him."
On plans for a replacement, he said, "Yes, we will announce that at the right time."