Li Haslett Chen, founder and CEO of social-media trade corporate Howl, is stepping down from Warner Bros. Discovery‘s board of administrators to commit herself complete time to Howl.
Chen’s go out from WBD’s board is efficacious Jan. 31, 2025. Her time period was once scheduled to run out on the Warner Bros. Discovery 2025 annual assembly of stockholders.
Chen has served at the board of Warner Bros. Discovery since April 2022, when the media corporate was once shaped throughout the merger of Discovery Inc. and WarnerMedia. WBD credited her with enjoying “a very powerful function in guiding the corporate via its strategic evolution” together with her experience in “direct-to-consumer go-to-market methods, multisurface platform building and generation innovation.”
Chen, in a remark equipped by means of WBD, mentioned, “Previously yr, Howl has pioneered strategic partnerships with trade main retail media networks and introduced an leading edge new platform. As Howl enters a big section of enlargement in 2025, I’ve determined to devote my complete consideration to the corporate right through this thrilling time. It’s been an honor to serve at the board of Warner Bros. Discovery for the previous 3 years. I sit up for seeing Warner Bros. Discovery proceed to thrive.”
In April of this yr, Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board after the Justice Division knowledgeable them it was once investigating “whether or not their provider at the Board of Administrators violated Segment 8 of the Clayton Antitrust Act,” the corporate introduced. Miron, CEO of Condé Nast mother or father corporate Advance/Newhouse Partnership and a senior government officer on the Newhouse circle of relatives’s funding trade Advance, and Newhouse, co-president of Advance, have been each impartial administrators of Warner Bros. Discovery.
In September 2024, Warner Bros. Discovery introduced that legal professional Daniel Sanchez, who’s WBD shareholder and board member John Malone’s nephew, was once becoming a member of the WBD board efficient Oct. 1, 2024. Sanchez had prior to now served at the board of Discovery Inc.
In keeping with an 8-Ok submitting Monday with the SEC, Chen notified WBD’s board on Dec. 28 of her choice to surrender from the corporate’s board. Chen’s resignation “was once now not the results of any war of words with the corporate on any topic in the case of the corporate’s operation, insurance policies or practices,” consistent with the submitting.
Samuel Di Piazza Jr., chair of the Warner Bros. Discovery board, mentioned in a remark, “On behalf of the board, I need to thank Li for her provider and substantial contributions to Warner Bros. Discovery. Li has been an exceptionally engaged and devoted member of the board, bringing distinctive insights and deep generation experience which were treasured as we now have overseen control’s strategic development. We want Li the most efficient in her long run endeavors.”
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