Urgent.News

What's breaking now, across thousands of outlets.

Business

David Zaslav’s Farewell: Warner Bros. Discovery CEO Signs Off In Video To Staff

David Zaslav, Warner Bros. Discovery CEO (for a few more hours, anyway) has started his goodbyes, thanking employees in a memo posted Monday on the company’s internal portal. “It’s been a great honor to be alongside all of you,” says Zaslav speaking to the camera from a director’s chair in the at Warner Bros. Studios’ […]

David Zaslav’s Farewell: Warner Bros. Discovery CEO Signs Off In Video To Staff

David Zaslav, the outgoing CEO of Warner Bros. Discovery, has recorded a video message for staff, thanking them for their work. In the video, he expressed his gratitude and pride in what the team has achieved, saying it's been an honor to work alongside them. He also expressed his hope that staff take pride in their contributions to the company's history and looked forward to seeing their future work.

According to TheWrap, Zaslav is expected to leave the company once its merger with Paramount Skydance is complete. He is eligible for a significant compensation package, worth at least $551.5 million, as per a SEC filing. This includes a cash component of $34,219,178 and an equity component of $517,204,781.

Zaslav recorded the video from a director's chair at Warner Bros. Studios, Deadline reported. His farewell message to staff was posted on the company's internal portal.

Brief written by urgent.news from Deadline, TheWrap — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at deadline.com →

More in Business

More from Monday 5 October →