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Time Warner (TWX): Kevin Tsujihara Named Warner Bros. CEO

 January 28, 2013 01:26 PM
 

(By Balachander) Media conglomerate Time Warner Inc. (NYSE: TWX) said Kevin Tsujihara will become the Chief Executive Officer of Warner Bros. Entertainment beginning March 2013.

Time Warner, which owns popular channels such as CNN, TNT, TBS, said Barry Meyer will remain as Chairman of Warner Bros. - a Time Warner company - through 2013.

As President of Warner Bros. Home Entertainment Group since 2005, Tsujihara currently oversees the company's home video, digital distribution, videogames, anti-piracy, and emerging technology operations.

Tsujihara joined Warner Bros. in 1994 as Director, Special Projects, Finance to assist in the management of the company's interest in Six Flags.

Time Warner said Kevin "brings the perfect combination of strategic thinking, financial discipline, digital vision, and management style to build on Warner Bros.' track record of success under Barry Meyer."

TWX shares dipped 0.46 percent to trade at $50.17 on Monday.


Rich
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