Big changes are brewing at Warner Bros. Discovery, and not just in its business strategy. One of CEO David Zaslav’s most trusted allies is stepping down, marking the end of a 25-year partnership that shaped the company’s evolution. But here’s where it gets intriguing: as WBD navigates potential asset sales to Netflix—unless the Ellisons throw a wrench in the works—David Leavy, the former CNN COO and Zaslav’s longtime confidant, is exiting the stage. And this is the part most people miss: Leavy’s departure comes at a pivotal moment, as the company redefines its structure and strategy, leaving many to wonder what’s next for both WBD and its departing executive.
Leavy’s announcement, shared in a heartfelt email to colleagues on Thursday, wasn’t entirely unexpected. Since stepping into a non-operating corporate role earlier this year—following his brief stint as CNN’s COO unveiled in 2023—Leavy has been reflecting on his journey. “When I joined in 2000, Discovery was a small, privately held cable company in Bethesda, MD, with big dreams and even bigger ambition,” he wrote, highlighting the company’s transformation into a global powerhouse. With a special nod to Zaslav, Leavy expressed gratitude for the opportunities and the privilege of witnessing WBD’s growth. “The story continues to unfold, and I’ll be cheering loudly for WBD’s success,” he added, leaving the door open for the next chapter—both for the company and himself.
But here’s the controversial part: While Leavy has no immediate plans, his political background and corporate experience could land him in a think tank or non-profit role. Or will he take a completely different path? Sources suggest he’ll first enjoy family time during the holidays, a well-deserved break after decades in high-stakes roles, including his time as chief spokesman for the National Security Council and deputy press secretary in the Clinton White House.
Meanwhile, Zaslav—fresh off rejecting Paramount’s $108 billion hostile takeover bid and showing Netflix CEOs Ted Sarandos and Greg Peters around the WBD lot—had glowing words for his protégé. “David is both a great person and an outstanding executive,” Zaslav said, praising Leavy’s leadership and collaborative spirit. “This is the right moment for him to take the next step in his career and life.”
Leavy’s full email to WBD staff paints a picture of gratitude and pride. “It’s been an honor to work alongside such smart, kind, and driven colleagues,” he wrote, thanking Zaslav for his mentorship and the entire team for making his journey meaningful. He closed with a festive note: “Travel safe, and may God bless you and your families this holiday season.”
Now, here’s the question that’ll spark debate: As WBD enters a new era, will Leavy’s absence leave a void in Zaslav’s inner circle? And what does his departure signal about the company’s future direction? Share your thoughts in the comments—we’d love to hear your take on this pivotal moment for WBD and its leaders.
