From the MxM Infodesk

 Moving Out: Rishi Khiani	Moving In: Satyan Gajwani

Times Internet Limited has announced that Satyan Gajwani will be its CEO with immediate effect. Rishi Khiani, currently CEO, has stepped down to pursue opportunities outside of the company.

In an internal circular, managing director Vineet Jain said: Under Rishi’s leadership, TIL has grown its userbase by 150% to 28M visitors, has seen significant growth in revenues and launched strategic properties such as Gaana.com and the new indiatimes.com.

We thank Rishi for his contributions to the growth and  success of TIL and wish him all success in his entrepreneurial endeavors.” Said Mr Gajwani, “We’re sad to see Rishi move on, but excited for his future ahead. Indiatimes has made great progress under his leadership, and I’m excited to take it forward to new and bigger heights. These are big shoes to fill but with such a strong team in place, I’m sure we’ll succeed.”

Mr Gajwani will report to Mr Vineet Jain. Mr Khiani will stay on till August 17 to help in the transition.