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Warner Bros. Discovery Welcomes Anthony Noto and Joey Levin to Its Board

In a strategic move to strengthen its leadership, Warner Bros. Discovery, Inc. has announced the appointments of Anthony Noto and Joey Levin to its Board of Directors. Noto officially joined the Board on January 8, 2025, while Levin is set to commence his role on February 1, 2025. Both will stand for election at the upcoming 2025 Annual Meeting of Stockholders.

These appointments are the result of a thorough search facilitated by the Nominating and Corporate Governance Committee, with the assistance of a top independent search firm. Following these additions, the Board's composition will include 13 members, 12 of whom are independent, showcasing Warner Bros. Discovery's commitment to governance and diverse perspectives.

David Zaslav, President and CEO of Warner Bros. Discovery, expressed his enthusiasm about the new appointments, stating, "We are pleased to welcome two seasoned executives who will bring valuable insights and expertise to the Board. Both Anthony and Joey are accomplished leaders with considerable industry experience and exceptional track records of driving growth and shareholder value. I look forward to collaborating closely with them as we work towards achieving our strategic and operational objectives."

Chair of the Board, Samuel A. Di Piazza, Jr., reinforced the importance of these additions, remarking, "Today's announcement underscores Warner Bros. Discovery's ongoing commitment to enhancing our Board with best-in-class leaders who bring a broad range of experience. We are confident that Anthony and Joey will introduce fresh ideas and important perspectives, helping us to deliver substantial shareholder value."

Profiles of the New Directors

Anthony Noto brings over 20 years of senior leadership experience, particularly in media, technology, and internet sectors. He currently serves as CEO of SoFi Technologies, Inc., a digital financial services platform known for its innovative products. Previously, Noto held key positions at Twitter, where he was Chief Financial Officer and later Chief Operating Officer. His earlier career includes significant roles at Goldman Sachs and as CFO of the National Football League.

Joey Levin, with more than 20 years of experience in mergers, acquisitions, and strategy, serves as the CEO of IAC. Over his tenure at IAC, he has played a pivotal role in expanding the company through both organic growth and strategic acquisitions, including overseeing the spin-offs of Match Group and Vimeo. Levin's expertise in digital media and commerce is expected to add significant value to Warner Bros. Discovery’s strategic initiatives.

Warner Bros. Discovery is a leading global media and entertainment entity known for its comprehensive portfolio of branded content across television, film, and streaming platforms. The addition of Noto and Levin aligns with the company's ongoing strategy to innovate and expand its offerings.

Strategic Goals and Future Directions

The Board of Directors at Warner Bros. Discovery is committed to navigating the complexities of the media landscape and enhancing shareholder value. With Noto and Levin's extensive backgrounds in tech and media, their contributions are poised to aid the company in meeting its strategic goals, particularly as it adapts to the rapid shifts within the industry.

As Warner Bros. Discovery continues to focus on delivering high-quality content and minimizing operational hurdles, the insight brought by its new directors will be invaluable. Together, they will work in tandem with the existing Board members to ensure the company's sustained growth and innovation.

In conclusion, the appointments of Anthony Noto and Joey Levin mark a significant step for Warner Bros. Discovery as it seeks to leverage their experience and leadership to navigate the challenges of the media industry and capitalize on new opportunities moving forward.