Discovery Communications’ Chief Financial Officer Andrew Warren has decided to leave the company.
Warren will remain at Discovery through the end of 2016, after serving nearly five years with the company, through which he led the financing and the financial integration for the $1.7B acquisition of SBS Nordic and the acquisition of Eurosport, and led over $3 billion of USD and Euro debt issuances as well as the company’s successful tax and capital allocation strategy.
“Discovery is a better company because of Andy Warren and I cannot say enough about his commitment and collaboration over the past many years,” comments David Zaslav, president and CEO, Discovery Communications. “Andy has brought a focus on capital allocation and our balance sheet that has helped drive strong organic and free cash flow growth. Under his guidance we have invested in more original content and sports IP, diversified our global businesses and platforms and developed innovative currency and tax management strategies.”
An internal and external search for a new Chief Financial Officer will begin immediately.