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PepsiCo’s Indra Nooyi to be keynote speaker at AdAsia 2011
MUMBAI: C has said that PepsiCo chairperson and CEO Indra Nooyi will be the Keynote Speaker at the Congress to be held in New Delhi from 31 October – 03 November.
Nooyi will share her pool of knowledge and experience, as well as discuss new challenges that could shape the future of global business and economies. More than 25 other speakers from around the globe are expected to share their perspective on the evolving dynamics in business and marketing at AdAsia 2011.
AdAsia returns to India after eight years. In 2003, the AdAsia congress was hosted in Jaipur and was widely regarded as a landmark in the history of the Congress. AdAsia seeks to comprehensively explore all aspects of the theme Uncertainty: The New Certainty.
The business world is currently at an inflection point witnessing a realignment of global economic leadership. In the 19th Century, the world looked to the West for innovation and progress. In the 21st. century, everyone‘s attention is riveted on Asia.
As everyone pays attention to the ad industry in Asia, AdAsia 2011 will aim to provide a ready platform to chronicle change of a significant magnitude and provide a glimpse of the opportunities and challenges that lie ahead.
The prolific agenda of AdAsia 2011 will comprise over 15 sessions aimed at exploring the business ecosystem and understanding the nature of disruption to effectively address pertinent concerns.
Chairman of the organising committee AdAsia 2011 and Group CEO and MD – Mudra Group Madhukar Kamath said, “AdAsia2011 is honoured to welcome Indra Nooyi to AdAsia 2011. Pepsi has been at the fore-front of several marketing innovations as well and having Indra Nooyi address the congress will help us gain from her global experience, as well as unique perspective of the Indian and Asian markets, in terms of interesting insights on how the future of our industry is expected to take shape.”
MAM
Jeff Shell departs as president of Paramount Skydance
Media executive exits amid legal battle with professional gambler.
MUMBAI: Jeff Shell has just had another high-profile exit from a major media company and this time, the drama involves a $150 million lawsuit and allegations of leaked secrets. The former NBCUniversal CEO is stepping down as president of Paramount Skydance to focus on defending himself against a lawsuit filed by professional gambler R.J. Cipriani. Cipriani claims Shell owes him $150 million for crisis communications services and accuses the executive of sharing confidential information about Paramount Skydance, including details of a potential $111 billion Warner Bros. Discovery acquisition and a $7.7 billion UFC rights deal.
Paramount Skydance confirmed Shell’s departure on Wednesday, stating that he is leaving to prioritise the lawsuit. The company added that an independent investigation found no violation of securities laws by Shell.
In a strongly worded statement, Paramount Skydance described Cipriani’s claims as “frivolous and baseless” and said Shell had promptly notified the company of the accusations. Shell has filed a countercomplaint, accusing Cipriani of extortion and defamation.
This marks Shell’s second major exit in three years. He was ousted from NBCUniversal in April 2023 following an internal investigation into an “inappropriate” relationship with an employee who had filed a complaint of sexual harassment and sex discrimination. He joined Paramount Skydance in July 2024 as David Ellison’s right-hand man.
Shell was tasked with overseeing day-to-day operations during the integration of Skydance Media and Paramount Global. He played a key role in identifying cost savings and job cuts ahead of the potential Warner Bros. Discovery merger.
His sudden departure adds to the turbulence at Paramount Skydance as it navigates a massive merger, expected layoffs, and leadership transitions. David Ellison now faces the challenge of managing the brain drain while closing one of the biggest media deals in recent years.
In the cut-throat world of Hollywood dealmaking, Jeff Shell’s exit shows that even seasoned executives can find themselves caught in a plot twist they didn’t see coming. The credits on this particular chapter are still rolling.
