Warner Bros. To Gain Kevin Tsujihara As CEO On March 1

Time Warner has announced that Kevin Tsujihara is slated to be Warner Bros. Entertainment's next CEO starting March 1, replacing current chief executive officer Barry Meyer. Both Tsujihara and Meyer will work together throughout the year along with company executives to make sure the transition from one to the other goes as smoothly as possible. Tsujihara has served as President of Warner Bros. Home Entertainment Group since 2005.

In his current position, Tsujihara oversees emerging technology operations, video games, anti-piracy, and home video, among others. The soon-to-be CEO began his career at Warner Bros. back in 1994, where he served as Director of Special Projects and Finance and dealt with the company's involvement with the amusement park Six Flags. He then moved on to other positions over time, which have included Executive VP of New Media.

Tsujihara is currently on the MPAA's Board of Directors, as well as serving as a member on the boards of City Year Los Angeles, Verdugo Hills Hospital Foundation, Entertainment Software Association, Kabam, and the Los Angeles Sports and Entertainment Commission. He holds an MBA from Stanford and a bachelor's in business administration from the University of Southern California.

Both current CEO Meyer and Time Warner CEO Jeff Bewkes had fond things to say of the upcoming CEO, stating that he is "he is one of the most effective and respected executives within Time Warner." As for Tsujihara, he said of his new position, "it is an honor to have the opportunity to lead this storied business."

[via Business Wire]