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Kalanithi Maran , founder of Sun TV Network , has stepped down from the day-to-day affairs of the company by appointing K Vijaykumar as the company's MD. Maran will don the role of executive chairman with immediate effect.

In a regulatory filing, Sun TV said its board had approved the appointment of R Ravivenkatesh as non-executive independent director. Kaveri Kalanithi, wife of Kalanithi Maran, has been appointed as executive director of the company.

C Praveen, the present senior vice president of the company, has been appointed as chief operating officer (COO) with immediate effect. Vijaykumar has been a trusted lieutenant of Kalanithi as head of operations at Udaya TV, the group's Kannada channel. Praveen was with Surya TV before this elevation.



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