After six years, Kevin Tsujihara is officially stepping down from his role as Chairman and CEO of Warner Bros. Entertainment.
The move comes after The Hollywood Reporter broke the news that they had uncovered text messages between Tsujihara and actress Charlotte Kirk. The executive had said he would try to land auditions for the actress amid an apparent sexual relationship the two were involved in.
WarnerMedia CEO John Stankey commented Monday:
“It is in the best interest of WarnerMedia, Warner Bros., our employees and our partners for Kevin to step down as Chairman and CEO of Warner Bros.”
“Kevin has contributed greatly to the studio’s success over the past 25 years and for that we thank him. Kevin acknowledges that his mistakes are inconsistent with the Company’s leadership expectations and could impact the Company’s ability to execute going forward.”
As of writing this article, Warner Bros. has yet to officially name a replacement for Tsujihara; however, the Deadline is reporting that the media giant is composing a team made up of Warner Bros. Entertainment CFO Kim Williams, Warner Bros. Motion Pictures Group Chairman Toby Emmerich and Warner. Bros. Television Group President and CCO Peter Roth to see the company through in the interim.
This all comes during a time of huge transition for Warner Bros. Earlier this year, the government approved final negotiations for a major merger with AT&T.
What do you make of this news? Do you agree that Tsujihara stepping down was the right move for Warner. Bros? Sound off in the comments below and let me know your thoughts!