NEW YORK– WarnerMedia today announced that Kevin Tsujihara will step down as Chairman and Chief Executive Officer of Warner Bros. Entertainment.
“It is in the best interest of WarnerMedia, Warner Bros., our employees and our partners for Kevin to step down as Chairman and CEO of Warner Bros.,” said WarnerMedia CEO John Stankey. “Kevin has contributed greatly to the studio’s success over the past 25 years and for that we thank him. Kevin acknowledges that his mistakes are inconsistent with the Company’s leadership expectations and could impact the Company’s ability to execute going forward.”
The Company continues to work with a third-party law firm to complete its investigation with Mr. Tsujihara’s cooperation.
WarnerMedia has yet to name a successor for Tsujihara.
WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content from a diverse array of talented storytellers and journalists to global audiences through its consumer brands including: HBO, Warner Bros., TNT, TBS, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim, Turner Classic Movies and others.