Prime Focus Technologies (PFT), the technology arm of media services powerhouse Prime Focus, has added IT industry veteran Raghunath Mohanrao (Raghu) to its executive suite as chief operating officer (COO). Raghu is stepping in to take over duties from PFT co-founder and former COO, Ganesh Sankaran, who is taking sabbatical for 15 months to pursue an MBA, while remaining on the PFT Board of Directors.
“I’ve wanted to go back to school for my MBA for some time now and with PFT in such a strong position I know this is the right time,” said Sankaran. “I’ve known Raghu for well over 18 years and am confident he is the right fit for PFT. I look forward to Raghu’s leadership to take PFT to the next level of its growth journey.”
Ramki Sankaranarayanan, founder and CEO, Prime Focus Technologies, stated, “Ganesh is taking a well-deserved break from the hot pursuit of building PFT from its inception in a garage to where it is now. Raghu is an accomplished technology leader in the media and entertainment space and his background and skills offer the best fit for what PFT requires as it charters the next level of innovation, delivery excellence and growth.”
Previously, Raghu worked as the telecom, media and entertainment industry leader at IBM, managing its globally integrated capabilities. Raghu also focused on worldwide growth strategy as vertical delivery head at Wipro Technologies, responsible for services delivery including profit and loss for telecommunications and worldwide media and entertainment businesses in North America, Europe, Australia and New Zealand. With his experience and success in conceptualizing and implementing numerous global operations centers across the world, Raghu joins PFT with an eye toward furthering its growth within the global media and entertainment markets.
“PFT’s breadth of technology offerings and opportunity for transforming media and entertainment companies are two of the many reasons for my interest and excitement as I take over the position of COO,” said Raghunath Mohanrao. “I look forward to bolstering the unwavering customer and people focus, delivery excellence and innovation at PFT.”
Raghu will be joining Sankaranarayanan and the PFT executive team at the annual NAB Show, a key event for both PFT and the media and entertainment industry as a whole. At NAB, PFT will showcase updates to its CLEAR Media ERP Suite, which helps media and entertainment companies virtualize the content supply chain and achieve the digital transformation necessary to compete in an industry undergoing unprecedented change.
Sean “Diddy” Combs Is Arrested In NY After Federal Indictment
Sean "Diddy" Combs, the hip-hop mogul who has faced a stream of allegations by women accusing him of sexual assault, was arrested late Monday in New York after he was indicted by a federal grand jury.
The indictment was sealed and details of the charges weren't immediately announced by prosecutors, but the U.S. attorney in Manhattan, Damian Williams, confirmed in a statement that federal agents had Combs in custody.
"We expect to move to unseal the indictment in the morning and will have more to say at that time," Williams said in a statement.
Combs was arrested in a Manhattan hotel lobby, according to a person familiar with the arrest who spoke with The Associated Press on condition of anonymity because they were not authorized to speak publicly.
His lawyer, Marc Agnifilo, said Combs had been cooperating with the investigation and had relocated to New York last week in anticipation of charges being brought.
"We are disappointed with the decision to pursue what we believe is an unjust prosecution of Mr. Combs by the U.S. Attorney's Office," Agnifilo said, describing his client as a music icon and a "loving family man."
"He is an imperfect person, but he is not a criminal," Agnifilo said in a statement, adding "Please reserve your judgment until you have all the facts. These are the acts of an innocent man with nothing to hide, and he looks forward to clearing his name in court."
The criminal charges are a major but not unexpected takedown of one of the most prominent producers and most famous names in the history of hip-hop.
The federal investigation of Combs, 58, was revealed when Homeland Security Investigations agents served simultaneous search warrants and raided Combs' mansions in Los Angeles and Miami... Read More