May 27, 2021
WarnerMedia CEO Jason Kilar will remain with the former Time Warner for the next 12 months into 2022. The former Hulu boss, who was hired in April 2020 to spearhead WarnerMedia’s streaming initiatives, was largely absent within AT&T’s decision to spin-off a minority stake in WarnerMedia to Discovery, whose CEO, David Zaslav, will take charge of WarnerMedia upon completion of the merger.
In a May 27 companywide address hailing the one-year anniversary of the launch of streaming service HBO Max, Kilar said he had no plans to exit the company this year.
“My plan and my focus is to remain here in my CEO role at WarnerMedia,” Kilar told staffers in the town hall. “I am not thinking right now about post-merger. There will be a time to consider that topic in 2022.”
While AT&T and Discovery executives lauded Kilar for his accomplishments during the M&A announcement, there has been no word about the executive’s role going forward.
“Because I believe we have unfinished business, the work of the next year can and should be extremely fulfilling as the world continues to see what we are capable of doing,” Kilar said.