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Warner Bros. creates interim leadership team; Facebook product chief leaving


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Warner Bros. creates interim leadership team; Facebook product chief leaving

S&P Global Market Intelligence presents a weekly rundown of executive changes in the U.S. technology, media and telecommunications industries.

* Monetate Inc. named Richard Rivera chief revenue officer of the company. In his new position, Rivera will support the company's next phase of growth, including expansion efforts to support Monetate's retail and other digital brands globally, according to a March 21 news release.

* Warner Bros. Entertainment Inc. has established an interim leadership team after Kevin Tsujihara stepped down as chairman and CEO amid an ongoing investigation regarding his personal relationship with actress Charlotte Kirk, Variety reported March 19, citing people with knowledge of the matter.

The new leadership team will include Warner Bros. CFO Kim Williams, Warner Bros. Motion Pictures Group Chairman Toby Emmerich and Warner Bros. Television Group President and Chief Content Officer Peter Roth, according to the report. The interim team of executives will be responsible for day-to-day operations until the company appoints a replacement for Tsujihara.

* Gannett Co Inc. appointed Barbara Wall interim COO of the company. Wall has been the company's senior vice president and chief legal officer since 2015. She will continue in this role in addition to her new role as COO. In addition, Gannett announced the appointment of Elizabeth Allen as general counsel. Allen is the company's current vice president, associate general counsel and secretary.

* Bernadette Aulestia resigned as president of global distribution of HBO (US) after 22 years with the premium cable network, CNBC reported March 18, citing an internal memo. Aulestia will stay with HBO for the next few months to help transition the new leadership.

* Shannon Shaw has joined ANGI Homeservices Inc. as chief legal officer. Shaw will supervise all legal and compliance efforts across the company's Angie's List Inc., HomeAdvisor and Handy brands, as well as human resources, the company said March 18. She recently was chief counsel, Americas, for dormakaba Inc.

* The CFO and secretary of MoviePass Inc. parent is leaving the embattled company, effective March 22. Stuart Benson, who was appointed CFO of Helios and Matheson Analytics Inc. in November 2016, is leaving the company to take another job, the company said in a March 15 SEC filing, without disclosing Benson's new "employment opportunity."

* Professional Diversity Network Inc. appointed Xin He CFO of the company, effective March 11. He replaces Jiangping Xiao, according to an SEC filing.

* As part of private equity firm Stagwell Group LLC's $100 million strategic equity investment in MDC Partners Inc., Stagwell Group founder Mark Penn will join MDC Partners as CEO and a member of its board, according to a March 15 news release. Upon closing of the transaction, Penn will continue to oversee investments at Stagwell Media LP fund.

* Facebook Inc. is losing two top executives days after CEO Mark Zuckerberg outlined plans to become a more "privacy-focused" platform. Chief Product Officer Chris Cox and WhatsApp Vice President Chris Daniels are leaving the company, Zuckerberg said in a memo to employees. Zuckerberg said he does not plan to fill Cox's role in the near term. Daniels will be replaced by Will Cathcart, who will move from running the Facebook app to become the new head of WhatsApp.

Meanwhile, Fidji Simo, vice president of video, games and monetization, will now become the new head of the Facebook app. Facebook Vice President of Growth Javier Olivan will now lead the integration of Facebook apps. Under the new structure, Simo, Instagram Head of Product Adam Mosseri, Messenger Head of Product Stan Chudnovsky and Cathcart will now report directly to Zuckerberg, while Chief Marketing Officer Antonio Lucio will report to COO Sheryl Sandberg.