Warner Bros Discovery extends contracts of CFO, key executive

(Reuters) – Warner Bros. Discovery Inc has prolonged contracts of its finance and technique chiefs, the media firm revealed in a submitting on Thursday.

Chief Monetary Officer Gunnar Wiedenfels will stick with the corporate till July 2026, whereas Chief Income and Technique Officer Bruce Campbell’s contract was prolonged to July 2025. (https://bit.ly/3uOVhXe)

Campbell, together with Jean-Briac Perrette, president of Warner Bros Discovery World Streaming and Interactive Leisure, performed pivotal roles in launching Hulu, the streaming service now majority owned by Disney.

Discovery in April had introduced a bunch of appointments to Warner Bros Discovery’s government staff, together with these of Campbell and Wiedenfels.

Wiedenfels has additionally assumed accountability for world enterprise tech and broadcast operations, services, safety, and studio operations, Warner Bros stated on Thursday.

The corporate in April added about two million paid streaming subscribers within the first quarter, at a time when trade pioneer Netflix misplaced subscribers for the primary time in additional than a decade.

(Reporting by Nathan Gomes in Bengaluru; Modifying by Shailesh Kuber)