Kevin Tsujihara has resigned as the chairman-CEO of Warner Bros. An investigation had been launched into his relationship with actress Charlotte Kirk and allegations he used his position to help her find work at the studio. The investigation is still continuing.
Tsujihara was the head of the studio since 2013. He has been with the company since 1994.
Below is the statement from Tsujihara and WarnerMedia CEO John Stankey.
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. 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.
I love this company and the people that make it so great. I’ve been honored to head this organization and work alongside all of its talented employees over the past 25 years. Together we’ve built this studio into an unequivocal leader in the industry.
However, it has become clear that my continued leadership could be a distraction and an obstacle to the company’s continued success. The hard work of everyone within our organization is truly admirable, and I won’t let media attention on my past detract from all the great work the team is doing.
I am overwhelmed and grateful for the outpouring of support I have received from colleagues and industry partners during this difficult time.
Again, I am so proud of the great work that you do every day to make Warner Bros. the gold standard in our industry. It has been a pleasure to work alongside each and every one of you, and I wish you all the absolute best.
To: WarnerMedia colleagues
From: John Stankey
I want to let you know that following discussions over the past week, Kevin Tsujihara will step down from his role as Chairman and CEO of Warner Bros. It was a decision made with the best, long-term interests of the Company, our employees and our partners in mind.
Kevin has acknowledged that his mistakes are inconsistent with the Company’s leadership expectations and could impact the Company’s ability to execute going forward. During his 25 year tenure, Kevin contributed greatly to the growth and success of the studio, and for that we thank him. I would like to personally thank him for the support he provided me following the close of our merger.
You have my commitment to work diligently and quickly to minimize any disruption in the day-to-day operations of the studio as a result of this leadership transition. I will share an interim leadership structure with all of you tomorrow.
I also want to thank all of our employees, particularly the teams at Warner Bros., for your patience and honesty, and we will continue to lean on your collective resiliency, dedication and professionalism as we chart a new path for our company together.