Warner Bros. CEO to Have More Direct Management Role in Company Affairs
Film industry giant Warner Bros., which is owned by Time Warner (NYSE: TWX) announced on Monday that longtime President of the company’s film division Jeff Robinov would be leaving the studio.
According to The New York Times, this development comes as part of a radical management change-up by Kevin Tsujihara, who succeeded Barry Meyer as CEO in the beginning of March this year.
Tsujihara’s latest arrangements will allow him to play a more direct role in personally managing Warner Bros.’ two main divisions: film and television. Traditionally, the company handled the departments with separate executive leaders in the field. A roster of Robinov’s former operatives, including Sue Knoxx, Greg Silverman, Dan Fellman and Toby Emmerich, will report firsthand to Tsujihara now.
The changes are speculated to be part of Tsujihara’s efforts as new CEO to create a quicker and more streamlined management at Warner Bros. "I have every confidence that we will continue to deliver the industry's most compelling, popular and successful movies,” Tsujihara said in a statement regarding his decision.
Some of Warner Bros.’ recent box office hits include The Great Gatsby and Man of Steel, and it is looking to continue the popular Hobbit trilogy series with The Hobbit: The Desolation of Smaug coming to theaters in December 2013.
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