Kevin Tsujihara has exited his role as CEO/Chairman of Warner Bros.
"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.," said WarnerMedia CEO John Stankey in a statement provided to The Hollywood Reporter. "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."
Early this month, THR reported that Tsujihara was being investigated by Warner Bros.' parent company WarnerMedia due to apparent favoritism being shown to an actress, Charlotte Kirk, he was reportedly in a relationship with.
Tsujihara's exit comes just 14 days after he had been given additional responsibilities at Warner Bros. as part of the company's reorganization following its acqusiotn by AT&T. In addition to being CEO and Chairman of Warner Bros., Tsujihara was also put in-charge of Cartoon Network, Adult Swim, Boomerang, Turner Classic Movies, Ottie Media, and Warner Media's licensed consumer products division.
The 54-year-old executive had held his position for the past six years, coming from the company's home entertainment division.