Turner International Asia Pacific has completed a regional reorganisation, revealed by Steve Marcopoto, the company’s president and managing director.
The management of the company’s portfolio of 24 networks, 29 websites and other businesses across 23 territories has now been rationalised into three operating regions. As a result, reporting directly to Marcopoto will now be Siddharth Jain, managing director, South Asia, Yew Ming Lau, managing director, North Asia, Sunny Saha, managing director, Southeast Asia/Pacific, and Phil Nelson, vice president, business development.
“This important rationalisation completes a process we began last year to optimise the operating and financial performance of our core business while positioning ourselves for further investments to drive our next stage of growth,” said Marcopoto.
Marcopoto added that a number of positions across the region had been eliminated as the result of a related organisational efficiency review.
“Everything we’re announcing today was carefully-considered during several months of studying how our current structure aligned with our future ambitions,” Marcopoto said. “We are most grateful for the service and commitment of those employees directly affected and will work to ensure that they are offered appropriate support to find new opportunities.”
“All these steps make us a more agile organization with enhanced focus and decision-making in each market of this large and complex region of regions. As a
pioneer and one of the biggest players in Asia Pacific broadcasting we remain committed to investing in pursuit of future expansion,” he added.