David M. Zaslav
President and Chief Executive Officer
Executive
10 reports
Warner Bros. Discovery, Inc. ·WBD
Media · Fortune #114 · Functional structure · 35K employees · New York, NY
Sourced from Warner Bros. Discovery, Inc. DEF 14A · filed 2026-04-30 ↗ View on SEC
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Download the CSV data insteadStreaming, Studios, and Linear businesses report in parallel to CEO David Zaslav, an unusual peer-level structure for a major media company. This page maps WBD’s executive org, recent leadership changes, compensation, and compares its structure with other global media peers.
What to model
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Entered new CFO employment agreement effective July 11, 2026.
Source · See change logThe people
7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
President and Chief Executive Officer
Executive
10 reports
CEO and President, Global Streaming and Games
Streaming & Games
1 reports
Chief Financial Officer
Finance
2 reports
Chief Revenue and Strategy Officer
Revenue & Strategy
0 reports
Chief Legal Officer
Legal
0 reports
Co-Chair, Warner Bros. Motion Picture Group
Studios
0 reports
Co-Chair, Warner Bros. Motion Picture Group
Studios
0 reports
The pay
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
The skin in the game
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
CEO must also hold 1.5 million shares.
The businesses
3 divisions report into the group CEO. Tile size scales with estimated headcount.
8K employees
CEO and President, Global Streaming and Games (Jean-Briac Perrette)
Operates HBO Max and global direct-to-consumer streaming platforms.
12K employees
Co-Chair, Warner Bros. Motion Picture Group (Pamela Abdy / Michael De Luca)
Produces and distributes film, television, and interactive content.
10K employees
CEO, Global Linear Networks
Operates domestic and international cable and broadcast networks.
The thesis
Streaming, Studios, and Linear businesses each sit at the same level under the CEO rather than being consolidated under a single operating president.
This structure reflects WBD’s deliberate choice to preserve distinct P&L accountability for its largest content engines during a period of strategic optionality. The CEO’s span includes multiple business heads alongside classic functional roles, resulting in a broad but shallow hierarchy.
The model favors speed and optional separation, which aligns with the company’s announced and later abandoned spin plans and eventual Paramount Skydance merger. It also explains why WBD has avoided adding a COO: operational authority is already embedded directly in the segment CEOs.
The comparison
Compared with Disney and Comcast, WBD places more business-unit CEOs directly under the group CEO rather than routing them through a COO or president. Netflix remains more centralized, while Paramount historically mirrored WBD’s multi-CEO model. WBD’s approach increases CEO span but simplifies separation or M&A …
Current signals
The most consequential change was the 2025 reorganization aligning Streaming, Studios, and Linear Networks as parallel CEO-level units.
Year-over-year executive structure based on SEC proxy and annual filings.
Structure emphasized separation readiness and parallel business leadership.
David M. Zaslav has served as President and CEO since the company’s formation in 2022.
WBD uses a functional structure with parallel business-unit CEOs for Streaming, Studios, and Linear Networks.
The CEO has seven direct reports, including business-unit CEOs and functional chiefs.
Recent changes include a 2025 corporate reorganization and new contracts for senior executives ahead of the Paramount merger.
No. WBD has no COO; major operating businesses report directly to the CEO.
Reference
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
Creately. (2026). Warner Bros. Discovery, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/warner-bros-discovery/"Warner Bros. Discovery, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/warner-bros-discovery/. Accessed .Creately. "Warner Bros. Discovery, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/warner-bros-discovery/.Warner Bros. Discovery, Inc.. DEF 14A. Filed 2026-04-30. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1437107/000143710726000046/wbd-20260429.htmPermanent URL: https://creately.com/org-chart/fortune-500/warner-bros-discovery/ · last updated 2026-04-01