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Discovery Streaming Chief Peter Faricy Exits As Three Execs Rise To Fill His Role

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deadline.com

Dade Hayes Finance EditorPeter Faricy, a longtime Amazon veteran who joined Discovery two years ago and spearheaded its increasing focus on direct-to-consumer streaming, is leaving the company.CEO David Zaslav shared the news with employees Friday.

In an internal memo obtained by Deadline, Zaslav said the move follows “a few months of discussion” between and himself and Faricy. (Read the full memo below.)Instead of a single head of the Global Direct-to-Consumer unit, Zaslav said three senior executives will report directly to him and share overall responsibilities.Avi Saxena will continue to lead global technology.

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