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WarnerMedia CEO Resigns Amid Sexual Misconduct Allegations

WarnerMedia Chairman-CEO Kevin Tsujihara is stepping down, with the company saying Monday it continues working with a third-party law firm to complete its investigation. The Hollywood Reporter earlier this month reported on allegations Tsujihara pushed for auditions for a woman with whom he was in a sexual relationship. “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,” said WarnerMedia CEO John Stankey in a statement Monday.