Chris Licht has broken his silence following his abrupt departure as CEO and Global Chairman of CNN Wednesday morning, calling his tenure “exciting but incredibly challenging.”“This was an exciting but incredibly challenging assignment, and I learned a lot over the past 13 months,” Licht said in a statement to media. “I’ve been lucky enough to have had a successful, fulfilling career, and I look forward to my next chapter.”Licht’s statement comes hours the former CEO’s ouster was announced by Warner Bros.
Discovery chief David Zaslav in an editorial call, in which Zaslav said “I met with Chris and he will be leaving CNN … We’re in the process of conducting a wide search, internally and externally, for a new leader.”Zaslav elaborated on the decision in a memo sent to staffers, which solidified Licht’s exit as effective immediately. “I have great respect for Chris, personally and professionally,” Zaslav wrote in the memo. “The job of leading CNN was never going to be easy, especially at a time of huge disruption and transformation, and he has poured his heart and soul into it.
While we know we have work to do as we look to identify a new leader, we have absolute confidence in the team we have in place and will continue to fight for CNN and its world class journalism.”More to come ….
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