Jeff Bewkes, Chairman, CEO, Time Warner Inc., reports 'leadership changes' at Warner Bros. As part of the new plan, Barry Meyer, Chairman, CEO, and Alan Horn, President, COO, will remain in their current roles for the next six months. Beginning April 1, 2011, Meyer will extend his contract and Horn will enter into a consultancy agreement, both through December 2013.
In addition, Bewkes also announced the formation of an Office of the President comprised of Jeff Robinov, President, Warner Bros. Pictures Group; Bruce Rosenblum, President, Warner Bros. Television Group; and Kevin Tsujihara, President, Warner Bros. Home Entertainment Group, beginning April 1, 2011.
In this capacity, each executive will retain his current responsibilities while becoming more engaged in the operations of the overall company, at a time of convergence of content and distribution platforms throughout the entertainment industry.
"After a great deal of thought and many discussions with Barry and Alan, we decided that this phased plan was in the best interest of Warner Bros. and its businesses," said Bewkes.
"Stability and consistency are the hallmarks of Warner Bros." said Meyer. "This plan underscores our commitment to an orderly succession and to promoting from within."
“It’s been a privilege and an honor to work at Warner Bros. and to build its motion pictures operations into a global force," said Horn. "From our beloved 'Harry Potter' to all the wonderful films we have going forward, I am very proud of what we’ve accomplished..."
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