NEW
YORK, March 31, 2025 /PRNewswire/ -- Warner
Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced
that it intends to add Anton Levy as
an independent director to the Company's Board of Directors in
connection with the 2025 Annual Meeting of Stockholders (the
"Annual Meeting"). His addition follows a comprehensive search
process led by the Nominating and Corporate Governance
Committee.
Anton Levy is currently an
Advisory Director at General Atlantic and previously served as
General Atlantic's Co-President and Chairman of Global Technology.
Anton has significant investing experience and an exceptional track
record of value creation, having led many of General Atlantic's
most notable investments in leading technology companies, such as
Airbnb, Alibaba Group, Crowdstrike, Facebook, Klarna AB,
Mercado Libre, Slack, Snapchat,
Squarespace and Uber.
"We are pleased to welcome Anton to the Warner Bros. Discovery
Board," said Samuel A. Di Piazza,
Jr., Chair of the Warner Bros. Discovery Board of Directors.
"His addition is consistent with the commitment we announced in
December to continue to enhance the board with industry experts
with track records of value creation. We look forward to working
with Anton as we continue to oversee the execution of Warner Bros.
Discovery's strategy to unlock value for shareholders. I also
appreciate the engagement we have had from shareholders, including
helpful input from John Petry,
Managing Member of Sessa Capital, as part of that process."
"We are making meaningful progress to achieve our vision for
Warner Bros. Discovery and harness the power of our unique,
world-class assets to drive profitable growth," said David Zaslav, President and Chief Executive
Officer of Warner Bros. Discovery. "We continue to move forward
with urgency to improve performance and position our businesses for
success over the near- and long-term amid the evolving industry
landscape. We are confident that Anton will add valuable
perspectives as we continue to take steps to drive long-term value
for shareholders."
The addition of Anton Levy is
being made as part of Warner Bros. Discovery's commitment to strong
corporate governance and follows the appointments of independent
directors Anthony Noto and
Joey Levin to the Board in
January 2025. Information about the
Annual Meeting will be available in its proxy statement, which will
be filed with the SEC in due course.
About Anton Levy
Anton Levy is currently an
Advisory Director at General Atlantic, a leading global investor
with more than $103 billion in assets
under management. Mr. Levy began his career at General Atlantic in
1998 and has held a number of senior leadership roles, including
serving as Co-President and Chairman of Global Technology until
January 2025 and on the firm's
Investment, Portfolio and Executive Committees. He led many of
General Atlantic's most notable investments in technology
companies, such Airbnb, Alibaba Group, Crowdstrike, Facebook,
Klarna AB, Mercado Libre, Slack,
Snapchat, Squarespace and Uber. He has been named to the Forbes
Midas List of top investors each year from 2014 to 2024. Mr. Levy
received a B.S. from the McIntire School of
Commerce at the University of Virginia and an M.B.A. from
the Columbia Business School.
About Warner Bros. Discovery
Warner Bros. Discovery is a leading global media and
entertainment company that creates and distributes the world's most
differentiated and complete portfolio of branded content across
television, film, streaming and gaming. Available in more than 220
countries and territories and 50 languages, Warner Bros. Discovery
inspires, informs and entertains audiences worldwide through its
iconic brands and products including: Discovery Channel, Max,
discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food
Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT,
TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science
Channel, Warner Bros. Motion Picture Group, Warner Bros. Television
Group, Warner Bros. Pictures Animation, Warner Bros. Games, New
Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies,
Discovery en Español, Hogar de HGTV and others. For more
information, please visit www.wbd.com.
Cautionary Statement Concerning Forward-Looking
Statements
Information set forth in this communication contains certain
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on current expectations,
forecasts, and assumptions that involve risks and uncertainties and
on information available to Warner Bros. Discovery as of the date
hereof. The Company's actual results could differ materially from
those stated or implied due to risks and uncertainties associated
with its business, which include the risk factors disclosed in the
Company's filings with the U.S. Securities and Exchange Commission,
including but not limited to the Company's most recent Annual
Report on Form 10-K and reports on Form 10-Q and Form 8-K.
Forward-looking statements include statements regarding the
Company's expectations, beliefs, intentions or strategies regarding
the future, and can be identified by forward-looking words such as
"anticipate," "believe," "could," "continue," "estimate," "expect,"
"intend," "may," "should," "will" and "would" or similar words.
Forward-looking statements include, without limitation, statements
regarding future financial and operating results, the Company's
plans, objectives, expectations and intentions, and other
statements that are not historical facts. Warner Bros. Discovery
expressly disclaims any obligation or undertaking to disseminate
any updates or revisions to any forward-looking statement contained
herein to reflect any change in the Company's expectations with
regard thereto or any change in events, conditions or circumstances
on which any such statement is based.
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SOURCE Warner Bros. Discovery, Inc.
