Kevin Tsujihara, Warner Bros. CEO for six years, has stepped down as chairman. His move to step down as leader for the movie studio comes after a story broke in The Hollywood Reporter last week alleging that Tsujihara was involved with actress Charlotte Kirk in exchange for movie auditions and roles.
Tsujihara did publicly apologize for his conduct, however it is unbecoming of a CEO to operate in this way. If he had not stepped down he would have been forced out by higher powers.
WarnerMedia CEO John Stankey said on Monday regarding Tsujihara’s departure:
“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. 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.”
In the six years that Tsujihara was charman of Warner Bros., he oversaw a number of missteps, not the least of which was the handling of the birth of the DC Comics franchise universe. While many consider Man of Steel to be of moderate success, it is commonly accepted that Batman v. Superman, Justice League and Suicide Squad were huge slipups. He also oversaw the expanding of the Wizarding World franchise with Fantastic Beasts and Fantastic Beasts: The Crimes of Grindelwald. Both of which have divided the potter-head fans.
It is currently unknown who will take Tsujihara’s job, however, whoever he or she is they can’t really do any worse. Hopefully Warner Bros. can step up their game and start rivaling studios like Disney and Sony again.
What do you think of Kevin Tsujihara stepping down as CEO? Was it the right call, or should they have kept him and let the scandal blow over? Leave a comment below and let’s make a discussion out of it.