Warner Bros. Discovery Announces the Addition of Anton Levy to its Board of Directors
Rhea-AI Summary
Warner Bros. Discovery (WBD) has announced the addition of Anton Levy as an independent director to its Board of Directors for the 2025 Annual Meeting of Stockholders. Levy, currently an Advisory Director at General Atlantic, brings significant investing experience, having previously served as General Atlantic's Co-President and Chairman of Global Technology.
Levy's appointment follows the recent additions of independent directors Anthony Noto and Joey Levin to the Board in January 2025. Throughout his career at General Atlantic, which began in 1998, Levy led numerous notable investments in major technology companies including Airbnb, Alibaba, Facebook, and Uber. He has been consistently recognized on Forbes' Midas List of top investors from 2014 to 2024.
Positive
- Addition of highly experienced tech investor with proven track record of value creation
- Demonstrates commitment to enhancing board expertise and corporate governance
- Part of broader board refresh with three new independent directors in 2025
Negative
- None.
News Market Reaction – WBD
On the day this news was published, WBD declined 4.85%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Anton Levy is currently an Advisory Director at General Atlantic and previously served as General Atlantic's Co-President and Chairman of Global Technology. Anton has significant investing experience and an exceptional track record of value creation, having led many of General Atlantic's most notable investments in leading technology companies, such as Airbnb, Alibaba Group, Crowdstrike, Facebook, Klarna AB, Mercado Libre, Slack, Snapchat, Squarespace and Uber.
"We are pleased to welcome Anton to the Warner Bros. Discovery Board," said Samuel A. Di Piazza, Jr., Chair of the Warner Bros. Discovery Board of Directors. "His addition is consistent with the commitment we announced in December to continue to enhance the board with industry experts with track records of value creation. We look forward to working with Anton as we continue to oversee the execution of Warner Bros. Discovery's strategy to unlock value for shareholders. I also appreciate the engagement we have had from shareholders, including helpful input from John Petry, Managing Member of Sessa Capital, as part of that process."
"We are making meaningful progress to achieve our vision for Warner Bros. Discovery and harness the power of our unique, world-class assets to drive profitable growth," said David Zaslav, President and Chief Executive Officer of Warner Bros. Discovery. "We continue to move forward with urgency to improve performance and position our businesses for success over the near- and long-term amid the evolving industry landscape. We are confident that Anton will add valuable perspectives as we continue to take steps to drive long-term value for shareholders."
The addition of Anton Levy is being made as part of Warner Bros. Discovery's commitment to strong corporate governance and follows the appointments of independent directors Anthony Noto and Joey Levin to the Board in January 2025. Information about the Annual Meeting will be available in its proxy statement, which will be filed with the SEC in due course.
About Anton Levy
Anton Levy is currently an Advisory Director at General Atlantic, a leading global investor with more than
About Warner Bros. Discovery
Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world's most differentiated and complete portfolio of branded content across television, film, streaming and gaming. Available in more than 220 countries and territories and 50 languages, Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, Max, discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others. For more information, please visit www.wbd.com.
Cautionary Statement Concerning Forward-Looking Statements
Information set forth in this communication contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Discovery as of the date hereof. The Company's actual results could differ materially from those stated or implied due to risks and uncertainties associated with its business, which include the risk factors disclosed in the Company's filings with the
Forward-looking statements include statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as "anticipate," "believe," "could," "continue," "estimate," "expect," "intend," "may," "should," "will" and "would" or similar words. Forward-looking statements include, without limitation, statements regarding future financial and operating results, the Company's plans, objectives, expectations and intentions, and other statements that are not historical facts. Warner Bros. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
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SOURCE Warner Bros. Discovery, Inc.
FAQ
Who is Anton Levy and why did WBD add him to their board?
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