T - Zaslav makes his mark naming new Warner Bros. Discovery leadership
Discovery (DISCA -4.7%) has announced its leadership team for Warner Bros. Discovery (WBDWV) ahead of the imminent close of the $43 billion media merger with WarnerMedia (T -1.4%), confirming that much of the legacy leadership is changing out. The announcements come from Discovery CEO (and upcoming WBD CEO) David Zaslav, who notes "Today’s announcement combines a strong team of professional managers in a simpler organizational structure, with fewer layers, more accountability and a singular strategic focus as a global pure-play content company." Zaslav, notably not a fan of heavily layered management, has listed several executives who report directly to him. Discovery's Bruce Campbell takes on a new role as WBD's chief revenue and strategy officer, with oversight of a wide portfolio including U.S. advertising sales, distribution revenue and content licensing, global corporate development and strategy, global streaming platform agreements, and legal affairs. As previously reported, JB Perrette (formerly CEO of
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Zaslav makes his mark, naming new Warner Bros. Discovery leadership