Well-known cricket writer Prem Panicker, one of Rediff.com’s earliest staffers and the editorial director of the company’s US-based newspaper India Abroad, is leaving the Nasdaq-listed firm after a 14-year stint, a person familiar with the development said. According to our source, Panicker is likely to join Yahoo (NSDQ: YHOO) India as managing editor, a post that has been vacant for a long time now.
Panicker declined to comment for this story. A Yahoo India spokesperson also declined to comment.
Panicker is currently based in Mumbai. Yahoo India’s editorial operations are based out of Bangalore.
Panicker has been with Rediff since October 1995 (Rediff.com launched in January 1996). Prior to that, he was a senior editor at Sunday Observer. Between 2002 and 2006, he was based out of New York, editing India Abroad. Panicker is a cricket writer of note and is also a popular blogger. He was a key member of the startup team that built Rediff.com into one of the earliest sources of news and information on India on the Web.
This is the third recent high-ranking departure from Rediff (NSDQ: REDF). CFO Joy Chakrobarty and Zaki Ansari, VP, product development, had left in August (more in this story).
If the move comes about, Panicker will likely report to Yahoo India MD Arun Tadanki, who came on board in April. Once Panicker joins, Yahoo India will have filled two key roles that have been vacant for a considerable period.