Warner Bros Discovery Inc. Announces New Employment and Compensation Arrangements for Top Executives Amid Upcoming Company Separation
Warner Bros. Discovery Inc. has announced new employment arrangements for key executives Bruce Campbell and JB Perrette as part of its plan to separate into two publicly traded entities. The new terms include severance benefits if their agreements are not renewed or if they are terminated without cause. These arrangements ensure compliance with restrictive covenants and provide equity vesting options under specific conditions.
Warner Bros. Discovery Inc. has announced new employment arrangements for its key executives, Bruce Campbell, Chief Revenue and Strategy Officer, and JB Perrette, President and CEO of Global Streaming and Games, in line with the company’s plan to separate into two publicly traded entities: Warner Bros. and Discovery Global. Under the new terms, if Campbell or Perrette’s agreements are not renewed, they will receive accrued benefits and specific nonrenewal payments, provided no comparable offer is made by Warner Bros. Additionally, if terminated without cause or for good reason, both executives will be entitled to severance benefits, including base salary continuation and prorated bonuses. These arrangements are designed to ensure compliance with restrictive covenants and provide equity vesting options under specific conditions, such as a change in control. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Warner Bros Discovery Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437107-25-000180), on July 31, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
