CNN CEO Chris Licht is out after a little more than a year on the job, as he failed to turn around the long-troubled news network. He stepped down effective immediately, Fox News Digital confirmed on Wednesday.
"I have great respect for Chris, personally and professionally," Warner Bros. Discovery CEO David Zaslav said in a statement.
"The job of leading CNN was never going to be easy, especially at a time of huge disruption and transformation, and he has poured his heart and soul into it," Zaslav continued. "While we know we have work to do as we look to identify a new leader, we have absolute confidence in the team we have in place and will continue to fight for CNN and its world class journalism."
Licht was hand-picked by Zaslav in 2022 to replace Jeff Zucker, who was forced out ahead of a long-planned merger that put CNN under Zaslav’s control. Now Licht is out of a job after just over a year, and the future of Zaslav’s CNN remains unclear. CNN executives Amy Entelis, Virginia Moseley, and Eric Sherling are expected to serve as the acting leadership team, along with new Chief Operating Officer David Leavy.... Read More: FOX News