NEW
YORK, Jan. 14, 2025 /PRNewswire/ -- Warner
Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced
that Anthony Noto and Joey Levin have been appointed to the Company's
Board of Directors. Noto joined the Board as of January 8, 2025, and Levin will join the Board on
February 1, 2025, and both will stand
for election by the Company's stockholders at the 2025 Annual
Meeting of Stockholders. Their appointments follow a comprehensive
search process led by the Nominating and Corporate Governance
Committee that was aided by a leading independent search firm.
Following these appointments, the Board will be composed of 13
directors, 12 of whom are independent.
"We are pleased to welcome two seasoned executives who will
bring valuable insights and expertise to the Board," said
David Zaslav, President and Chief
Executive Officer of Warner Bros. Discovery. "Both Anthony and Joey
are accomplished leaders with considerable experience in relevant
industries and exceptional track records of driving growth,
innovation and shareholder value. I look forward to working closely
with them as we continue to deliver on key strategic and
operational objectives to realize the full potential of Warner
Bros. Discovery."
"Today's announcement reinforces Warner Bros. Discovery's
commitment to continuing to enhance our Board with best-in-class
leaders, bringing a broad range of experience to our board," said
Samuel A. Di Piazza, Jr., Chair of
the Board of Warner Bros. Discovery. "We are confident that Anthony
and Joey will bring fresh ideas and important perspectives to our
Board as we continue to evaluate all avenues to deliver significant
shareholder value."
Noto brings over two decades of senior leadership experience,
extensive media, technology, and internet expertise and transaction
experience to the Board. He serves as Chief Executive Officer of
SoFi Technologies, Inc., a member-centric, one-stop shop for
digital financial services with a strong track record of product
innovation and performance. Prior to his tenure at SoFi, Noto spent
four years in executive roles with Twitter, first as Chief
Financial Officer and then as Chief Operating Officer. He
previously served as Co-Head of Global TMT Investment Banking at
Goldman Sachs and as Chief Financial Officer of the National
Football League from 2008 to 2010.
Levin brings over 20 years of mergers and acquisitions,
strategy, and senior leadership experience to the Board, with a
deep background in digital media and commerce. He has served as
Chief Executive Officer of IAC since 2015 and previously served in
roles of escalating seniority across IAC's mergers &
acquisitions group, operations, and business management teams
during his more than two-decade career with the company. Over the
course of his tenure at IAC, Levin has overseen the constant
evolution of the company, expanding through organic growth and
acquisitions, and a number of spin-offs, including the initial IPO
and subsequent spin-off of Match Group and the private financing
and subsequent spin-off of Vimeo.
About Warner Bros. Discovery
Warner Bros. Discovery is a leading global media and
entertainment company that creates and distributes the world's most
differentiated and complete portfolio of branded content across
television, film, streaming and gaming. Available in more than 220
countries and territories and 50 languages, Warner Bros. Discovery
inspires, informs and entertains audiences worldwide through its
iconic brands and products including: Discovery Channel, Max,
discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food
Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT,
TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science
Channel, Warner Bros. Motion Picture Group, Warner Bros. Television
Group, Warner Bros. Pictures Animation, Warner Bros. Games, New
Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies,
Discovery en Español, Hogar de HGTV and others. For more
information, please visit www.wbd.com.
Forward-Looking Statements
Information set forth in this communication contains certain
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on current expectations,
forecasts, and assumptions that involve risks and uncertainties and
on information available to Warner Bros. Discovery as of the date
hereof. The Company's actual results could differ materially from
those stated or implied due to risks and uncertainties associated
with its business, which include the risk factors disclosed in the
Company's filings with the U.S. Securities and Exchange Commission,
including but not limited to the Company's most recent Annual
Report on Form 10-K and reports on Form 10-Q and Form 8-K.
Forward-looking statements include statements regarding the
Company's expectations, beliefs, intentions or strategies regarding
the future, and can be identified by forward-looking words such as
"anticipate," "believe," "could," "continue," "estimate," "expect,"
"intend," "may," "should," "will" and "would" or similar words.
Forward-looking statements include, without limitation, statements
regarding future financial and operating results, the Company's
plans, objectives, expectations and intentions, and other
statements that are not historical facts. Warner Bros. Discovery
expressly disclaims any obligation or undertaking to disseminate
any updates or revisions to any forward-looking statement contained
herein to reflect any change in the Company's expectations with
regard thereto or any change in events, conditions or circumstances
on which any such statement is based.
View original
content:https://www.prnewswire.com/news-releases/anthony-noto-and-joey-levin-to-join-warner-bros-discovery-inc-board-of-directors-302350989.html
SOURCE Warner Bros. Discovery
