WarnerMedia CEO Jason Kilar Exits Ahead of Merger With Discovery
variety.comJennifer Maas TV Business WriterWarnerMedia CEO Jason Kilar announced Tuesday he is stepping down ahead of the completion of Discovery’s acquisition of the company, which is expected to occur April 11.“With the pending transaction with Discovery nearing close, now is the right time to share with each of you that I will be departing this amazing company,” Kilar said in a memo sent to WarnerMedia staff. “There are many feelings one could have in a moment like this, but for me there are none bigger, or more lasting, than the feelings of gratitude and love that I have for this team, this company, and this mission.
I’ve never been more fulfilled professionally. I’ve never been happier professionally. This team – and what we’ve built together – are the reasons for that.
We’re leading the industry creatively. We’ve elevated technology, product, and design to the highest levels in the company. We’re operating as one team, proudly and successfully going direct to consumers across the globe.
It has been deeply gratifying to lean into the future alongside each of you and to do so with conviction.” Kilar was brought on as CEO of WarnerMedia in April 2020, just as it was preparing to launch streaming service HBO Max.
Read more on variety.com