Warner Bros. Chairman and CEO Kevin Tsujihara has agreed to step down after an investigation into sexual misconduct allegations.
Tsujihara, who first joined Warner Bros. Entertainment, Inc. in 1994, announced his departure via a memo to colleagues Monday.
Though he expressed his love for both “this company and the people that make it great,” Tsujihara admitted his “continued leadership could be a distraction and an obstacle to the company’s continued success.”
Tsujihara was being investigated for allegedly promising roles in exchange for sex, according to a story published by The Hollywood Reporter.
Tsujihara’s promotion to chairman and CEO took place earlier this month, just days before the allegations came to light. It was alleged that Tsujihara offered to further British actress Charlotte Kirk’s career during his sexual involvement with her.
Initially, WarnerMedia responded by saying, “Through her spokesperson, the actress has publicly denied any impropriety in her casting, and our prior investigation did not find otherwise. Whenever we receive new allegations, it is our standard practice to conduct an appropriate investigation. And that is what we will do here.”
Though Tsujihara’s lawyer asserted his client “had no direct role in the hiring of this actress,” Tsujihara made a point to apologize for “mistakes in my personal life.”
According to a press release from Monday, the investigation is ongoing.
John Stankey, WarnerMedia’s CEO, assured employees Monday of his “commitment to work diligently and quickly to minimize any disruption in the day-to-day operations of the studio as a result of this leadership transition.”