Media

WarnerMedia senior leaders to depart ahead of merger with Discovery, following CEO Jason Kilar announcement

The water tower on the Warner Bros. lot
Discovery is days away from completing its $43 billion merger with WarnerMedia. AaronP/Bauer-Griffin/Getty Images
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The top leadership at WarnerMedia will depart the company as it prepares to merge with Discovery.

News of the C-suite team's departure, which was announced on an internal call and then confirmed by the company Wednesday morning, follows Jason Kilar's Tuesday announcement that he was leaving the role of WarnerMedia CEO ahead of the transaction.

Most of Kilar's direct team of direct reports will depart, including WarnerMedia Studios and Networks Group CEO Ann Sarnoff and HBO Max General Manager Andy Forssell, who had announced Tuesday that they would be exiting the company. CFO Jennifer Biry had also been expected to leave after Discovery CFO Gunnar Wiedenfels was announced as the financial leader for the combined company.

Executives whose departure was announced Wednesday include Christy Haubegger, EVP, communications and chief inclusion officer, Tony Goncalves, EVP, chief revenue officer, Jim Cummings, EVP, chief human resources officer, Jim Meza, EVP, general counsel, and Richard Tom, chief technology officer. 

Some of the departuring executives are expected to remain through a customary transition period. Kilar's last day will be Friday, according to a Wall Street Journal report.

Warner executives who remain in their roles include Warner Bros. Pictures Group Chairman Toby Emmerich, WarnerMedia International President Gerhard Zeiler, and Warner Bros. Games President David Haddad.

The closing of the merger with Discovery is expected in the coming days, possibly as soon as Friday, according to a Variety report. Discovery CEO David Zaslav is expected to install many of his senior deputies into positions overseeing WarnerMedia's businesses, which include the Warner Bros. film and TV studio, premium cable network HBO and news network CNN. 

The $43 billion combining of Discovery and WarnerMedia will put an end to AT&T's short-lived ownership of the storied media brands. The telecom giant agreed to buy the then-named Time Warner in 2016 in a proposed $85.4 billion deal, though the deal was held up by an antitrust lawsuit until 2018.  

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British-born Claire Atkinson has written about the global media business on both sides of the Atlantic. She was previously on Insider's business desk and came from NBC News where she was Senior Media Editor reporting for NBCNEWS.com, "Nightly News," MSNBC and NBC News Now. She is also a regular guest on CNBC and appeared on CNN's "Reliable Sources." Atkinson previously covered M&A in media, film, music and sports business for the New York Post business desk and was also a Sunday columnist. Atkinson has also written for a host of business magazines from The Hollywood Reporter and Variety, Broadcasting & Cable and Ad Age among other trade publications. Her credits also include freelancing for The New York Times and the International Herald Tribune and UK newspapers including The Independent and The Observer.  
Natalie Jarvey was an entertainment business correspondent and editor at Insider's Los Angeles bureau, covering the digital transformation of Hollywood.  Previously, she was senior digital media editor at The Hollywood Reporter, where she led technology and digital media coverage with a focus on the streaming evolution of the entertainment industry. Her work for the award-winning weekly magazine included cover interviews with former Amazon CEO Jeff Bezos, YouTube CEO Susan Wojcicki and Spotify CEO Daniel Ek and profiles of digital stars Lilly Singh, Tyler "Ninja" Blevins and Addison Rae.  From 2010-2013, Jarvey covered technology and the L.A. startup scene at the Los Angeles Business Journal. She grew up in Seattle and is a graduate of the University of Southern California.