ZEE MD & CEO Punit Goenka takes voluntary 20% pay cut in cost-cutting drive

ZEE Entertainment Enterprises (ZEE), MD & CEO, Punit Goenka on Tuesday announced his decision to implement a 20 per cent reduction in his remuneration.

“Frugality, Optimization and a Sharp Focus on Quality Content are the three key tenets of the plan implemented by Punit Goenka, to drive the company to the targeted goals; and the above mentioned voluntary decision, is in line with this approach,” Zee said in a statement.