trending Market Intelligence /marketintelligence/en/news-insights/trending/Y3AX8Ks2aV6oWfpgTU9Beg2 content esgSubNav
In This List

Warner Bros. chairman/CEO steps down amid conduct investigation

Blog

Insight Weekly: Unease roils markets; US likely to slip into recession; firms' cash ratios fall

Podcast

MediaTalk | Episode 27: US TV stations set for record midterm political ad spending

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Podcast

MediaTalk | Episode 26: Video game industry growth softens amid post-pandemic hurdles


Warner Bros. chairman/CEO steps down amid conduct investigation

Kevin Tsujihara has stepped down as chairman and CEO of Warner Bros. amid an ongoing investigation regarding his personal relationship with actress Charlotte Kirk, Variety reported March 18.

In an internal memo, the text of which Variety published, Tsujihara said he decided to leave after consulting WarnerMedia CEO John Stankey and determining his "continued leadership could be a distraction and an obstacle to the company's continued success." In a companion memo published by Variety, Stankey said an interim leadership structure for Warner Bros. would be announced March 19.

AT&T Inc.'s WarnerMedia is continuing to investigate allegations that Tsujihara improperly used his position to advance Kirk's career while they engaged in a sexual relationship. Prior to news of the investigation, the company announced on March 4 that Tsujihara would remain as head of WarnerMedia's film, TV and video games businesses after a reorganization.