Following Kevin Tsujihara’s exit as chairman and CEO of Warner Bros. Entertainment, he sent a memo to staff explaining the decision, adding that it became “clear that my continued leadership could be a distraction.”
“Over the past week and a half, I have been reflecting on how the attention on my past actions might impact the company’s future,” Tsujihara wrote. “After lengthy introspection, and discussions with John Stankey over the past week, we have decided that it is in Warner Bros.’ best interest that I step down as Chairman and CEO.”
