CTC Media's Nilesh Lakhani plans to step down as Chief Financial Officer
Co announces that Nilesh Lakhani will be stepping down as the co's Chief Financial Officer to pursue other professional opportunities. Lakhani will remain the coy's CFO until a successor is named, or through the end of 2007. In addition, Lakhani will continue to advise the co for a period of time after his successor has been announced to ensure an effective and orderly transition. CTCM is currently engaged in an executive search to secure a successor.
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