Warner Bros. chief Kevin Tsujihara is stepping down after claims that the head of Warner Bros. was promising acting roles in exchange for sex.
As Warner Bros. chairman and chief executive officer, Tsuijhara acted as one of the most powerful Hollywood executives working today.
Tsuijihara delivered a memo to his Warner Bros. colleagues and it goes as follows.
Over the past week and a half, I have been reflecting on how the attention on my past actions might impact the company’s future. After lengthy introspection, and discussions with John Stankey over the past week, we have decided that it is in Warner Bros.’ best interest that I step down as Chairman and CEO.
I love this company and the people that make it so great. I’ve been honored to head this organization and work alongside all of its talented employees over the past 25 years. Together we’ve built this studio into an unequivocal leader in the industry.
However, it has become clear that my continued leadership could be a distraction and an obstacle to the company’s continued success. The hard work of everyone within our organization is truly admirable, and I won’t let media attention on my past detract from all the great work the team is doing.
I am overwhelmed and grateful for the outpouring of support I have received from colleagues and industry partners during this difficult time.
Again, I am so proud of the great work that you do every day to make Warner Bros. the gold standard in our industry. It has been a pleasure to work alongside each and every one of you, and I wish you all the absolute best.
The dismissal of Tsuijihara comes at the hands of a March 6th Hollywood Reporter article finding inappropriate text messages between Tsuijihara and Charlotte Kirk.
Warner Bros. has yet to announce a new replacement.