Kevin Tsujihara Out at WarnerMedia

Kevin Tsujihara is officially stepping down as chairman and CEO of Warner Bros. Entertainment.

Tsujihara is the subject of an internal investigation into claims of improper behavior. The company is working with a third-party law firm to complete its investigation, with Tsujihara’s cooperation.

“It is in the best interest of WarnerMedia, Warner Bros., our employees and our partners for Kevin to step down as chairman and CEO of Warner Bros.,” said WarnerMedia CEO John Stankey. “Kevin has contributed greatly to the studio’s success over the past 25 years and for that we thank him. Kevin acknowledges that his mistakes are inconsistent with the company’s leadership expectations and could impact the company’s ability to execute going forward.”