Warner Bros. Discovery's John Malone said in April 2025 he would not stand for re-election; the board was to stay at 13 directors
Dr. John Malone told Warner Bros. Discovery's board on Apr 8, 2025 that he would not stand for re-election when his term would expire at the 2025 annual meeting of stockholders, and the company said the decision was not the result of any disagreement with the company on any matter relating to its operation, policies or practices. On Apr 9, 2025 the board named him chair emeritus, effective at that meeting, a role in which he was to keep attending board meetings regularly in an advisory capacity, without a vote on board matters. The board also resolved on Apr 9 to nominate Anton Levy for election at the meeting and to keep its size at 13 directors afterwards. The 8-K, a US company's report of a material event, was filed on Apr 11, 2025 and is on the SEC's EDGAR site.1,2,3,4,5,6
How each figure was checked
- Malone notified the board of his decision not to stand for re-electionApril 8, 2025; 2025 Annual Meeting of StockholdersSEC EDGAR, Warner Bros. Discovery Form 8-K filed Apr 11, 2025 ↗
- the company says the decision was not the result of a disagreementHis decision not to stand for re-election was not the result of any disagreement with the CompanySEC EDGAR, Warner Bros. Discovery Form 8-K filed Apr 11, 2025 ↗
- the board designated Malone chair emeritus, effective at the 2025 annual meetingApril 9, 2025; 2025 Annual Meeting of StockholdersSEC EDGAR, Warner Bros. Discovery Form 8-K filed Apr 11, 2025 ↗
- what Malone's role as chair emeritus involvesDr. Malone will continue to regularly attend Board meetings in an advisory capacity, but will not vote on Board mattersSEC EDGAR, Warner Bros. Discovery Form 8-K filed Apr 11, 2025 ↗
- the board nominated Anton Levy and kept its size at thirteenApril 9, 2025; thirteen directors; 2025 Annual Meeting of StockholdersSEC EDGAR, Warner Bros. Discovery Form 8-K filed Apr 11, 2025 ↗
- the day the 8-K was filedApr 11, 2025
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The record
- Company
- Warner Bros. Discovery (CIK 1437107)
- Form
- 8-K
- Accession
- 0001437107-25-000076
- Filed
- Apr 11, 2025
- Period of report
- Apr 8, 2025
- Items
- 5.02 Officers, directors or their pay, 7.01 Reg FD disclosure
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