CNN CEO Chris Licht Is Out – IOTW Report

CNN CEO Chris Licht Is Out

New YorkCNN — 

Chris Licht, the embattled chief executive and chairman of CNN, whose brief one-year tenure at the network was stained by a series of severe missteps, departed the company on Wednesday.

“I met with Chris and he will be leaving CNN,” David Zaslav, the chief executive of parent company Warner Bros. Discovery, told CNN employees at the start of the network’s daily editorial meeting.

Licht’s departure capped a tumultuous year for CNN, marked by layoffs, shrinking profits, historically low ratings, the firing of two anchors, and rock-bottom employee morale. The chaos that defined the last year also followed several other gut punches to the organization, including the ouster of previous leader, Jeff Zucker, and shuttering of nascent streaming service CNN+.

Licht, who became network chief last May after most recently leading “The Late Show With Stephen Colbert” to much success, saw his tenure dogged by fierce criticism in the press, often the result of leaks from employees around him who never fully trusted his leadership skills or editorial vision. more

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