Shah Rukh looks beyond Juhi's brother

He replaces Juhi's brother from the CEO's post of his company with KKR MD Venky Mysore.

In a difficult business decision , Shah Rukh Khanhas replaced Bobby Chawla from the post of the CEO of his production house with Venky Mysore, who is the CEO and MD of Kolkata Knight Riders.

The announcement was made through a press statement which said: "Red Chillies Entertainments Pvt Ltd announced today that Venky Mysore has been appointed as the Chief Executive Officer. He will take full responsibility for all the operations of the production house. In addition he will continue in his role as CEO and MD of the Kolkata Knight Riders."

The press release has no mention of Bobby or his future association with the company.

Bobby, who is the brother of Shah Rukh's colleague and close friendJuhi Chawla, has been in a state of coma since April 2010 and all this while Shah Rukh had stuck to his guns about not dropping Bobby from the CEO's post. However, with Red Chillies expanding its business manifold in leaps and bounds in the last few years, it had become imperative to appoint a hands-on CEO.

EB