T - WarnerMedia executive exits set up Discovery-heavy leadership team

WarnerMedia (T -0.4%) studio/networks chief Ann Sarnoff is exiting that role - part of an exodus that sets up a very Discovery-centric (DISCA -1.6%) leadership team as the new Warner Bros. Discovery (WBD) is just a few days away from its birth. Andy Forssell, head of HBO Max, is also reportedly leaving. Sarnoff became the first female head of Warner Bros. in 2019. But her exit, combined with Forssell's and that of WarnerMedia CEO Jason Kilar, sets up a new era at the helm of the company. Discovery CEO David Zaslav - notably fond of cutting management layers - will become the fourth CEO overseeing WarnerMedia assets in just five years, signaling the turbulent times at the former Time Warner under the stewardship of AT&T. Meanwhile, JB Perrette (leader of Discovery Streaming and International) looks pegged to take over the WBD's direct-to-consumer operations. Discovery's Chief Financial Officer Gunnar Widenfels is

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WarnerMedia executive exits set up Discovery-heavy leadership team