Warner Bros. chairman and CEO Kevin Tsujihara is stepping down from his roles in the wake of a recent scandal.
On March 6, The Hollywood Reporter ran an expose on Tsuihara’s involvement with a young actress that appeared in a few of the studio’s films. Since the release of that report, an internal investigation has been ongoing into the allegations.
“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.,” WarnerMedia CEO John Stankey said in a statement on Monday. “Kevin has contributed greatly to the studio’s success over the past 25 years and for that we thank him,” continued Stankey. “Kevin acknowledges that his mistakes are inconsistent with the Company’s leadership expectations and could impact the Company’s ability to execute going forward.”
It was announced earlier this month that Tsuhihara’s role in the company was actually set to expand. He was set to take on additional responsibilities that would have included oversight of bringing all of WarnerMedia’s family, kids, and animation together under one banner. He was also set to oversee all company activities around licensed consumer products.
There is currently no final date for Tsujihara’s involvement with the company, nor who will be stepping in to replace him.
IMAGE SOURCE: Shutterstock – Kevin Tsujihara – Featurflash Photo Agency