Kevin Tsujihara, President, Warner Bros. Home Entertainment And Next Warner Bros. Entertainment CEO (Photo: Business Wire)
Time Warner Inc. (NYSE: TWX) Chairman and CEO Jeff Bewkes and Warner Bros. Chairman and CEO Barry Meyer today announced that Kevin Tsujihara will become the next Chief Executive Officer of Warner Bros. Entertainment. Mr. Tsujihara will become CEO beginning March 1, 2013, succeeding Mr. Meyer, who will remain as Chairman through 2013.
In making the announcement Mr. Bewkes said, “Kevin is one of the most effective and respected executives within Time Warner, and the right leader to ensure Warner Bros.’ preeminence into the future. He brings the perfect combination of strategic thinking, financial discipline, digital vision, and management style to build on Warner Bros.’ track record of success under Barry Meyer.”
Mr. Meyer added, “In working with Kevin for nearly 20 years, I’ve come to know and value a talented executive with a passion for this company and its people. He has skillfully guided one of the most complex businesses at Warner Bros. during a time of transition in the home entertainment sector, and has a deep appreciation and respect for the films and TV shows we create. Kevin has a rare combination of extraordinary business acumen and a love for the art of storytelling, and I’m confident he will be a great leader for Warner Bros.”
Over the next several months, Mr. Meyer and Mr. Tsujihara will work together with other members of Warner Bros. senior executive team, including Warner Bros. Television President Bruce Rosenblum and Warner Bros. Pictures President Jeff Robinov, to ensure an orderly transition.
As President of Warner Bros. Home Entertainment Group since 2005, Mr. Tsujihara currently oversees the company’s home video, digital distribution, videogames, anti-piracy, and emerging technology operations.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
