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Discovery CFO to step down
Discovery Communications’ chief financial officer (CFO), Andrew Warren, will leave the company at the end of 2016 after almost five years at the company.
Discovery said that a search for a new CFO will “begin immediately” with Warren due to leave the company at the end of the year in to ensure “a seamless transition” over the coming quarters.
“Discovery is a better company because of Andy Warren and I cannot say enough about his commitment and collaboration over the past many years,” said Discovery CEO David Zaslav.
“Under his guidance we have invested in more original content and sports IP, diversified our global businesses and platforms and developed innovative currency and tax management strategies.”
Since joining in 2012, Warren oversaw Discovery’s acquisitions of SBS Nordic and Eurosport, and led over US$3 billion of US and Euro debt issuances as well as the company’s tax and capital allocation strategy.