Barry Meyer Named Chairman and CEO Of Warner Bros.NEW YORK--(ENTERTAINMENT WIRE)--Aug. 2, 1999-- Alan Horn To Become President and COO Barry Meyer, currently executive vice president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Warner Bros., was named as its chairman and chief executive officer, and Alan Horn, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Castle Rock Entertainment, as president and chief operating officer, it was announced today by Time Warner Chairman and CEO Gerald M. Levin Gerald M. "Jerry" Levin (b. 6 May, 1939, Pennsylvania, USA) is an American businessman. He attended Haverford College, where he is a member of the Board of Directors. Levin spent most of his career with Time Inc. . Their appointments will become effective October 4. In making the announcement, Levin said, "Barry Meyer and Alan Horn are the ideal team to run Warner Bros. Both are seasoned entertainment executives with the right mix of business and creative savvy. As well as possessing the values that are crucial to the success of our company, they have a profound understanding of what it takes to run a global entertainment conglomerate like Warner Bros. They are also fortunate to have a deep and talented management team working with them that will help ensure a smooth transition. Bob Daly and Terry Semel will surely be a tough act to follow, but I'm certain that Barry and Alan will prove to be worthy successors. "In addition to choosing Barry and Alan, we expect shortly to announce our choice for leadership at Warner Music. Our music company, together with Warner Bros., will report to me through Dick Parsons, our president. This way we'll be able to continue the productive collaboration that was begun so successfully by Bob and Terry." Bob Daly and Terry Semel said, "We are thrilled by the appointments of Barry Meyer and Alan Horn, both for their sakes and for the company. For over 20 years, Barry has been a pivotal part of the successes of Warner Bros., and we are truly blessed to have had him as a close friend and trusted colleague. We have also been fortunate to have had the opportunity to work closely with Alan Horn and to see what a remarkable executive and outstanding person he is. We can't think of two better people to continue the tradition of Warner Bros. and to lead the extraordinarily talented people to even great heights in the future." Richard Parsons said, "It's been a pleasure to work with Bob and Terry to achieve such a rapid and smooth transition at Warner Bros. Thanks to their advice and counsel, we've been able to find ideal replacements. Barry and Alan are the right executives to lead Warner Bros. into the next century. They know the business and what makes it tick What Makes it Tick is TV series on Fine Living that takes a behind-the-scenes look at cities and events. The series is produced by NorthSouth Productions; Executive Producers are Charlie DeBevoise and Mark Hickman. Co-executive Producer is Blaine Hopkins. Edited by Ed Kaz and Brad Kurtz. . Equally important, they are first-class people. I welcome the chance to work with them in bringing the studio into a new era of growth." Barry Meyer said, "I'm both excited and honored to step into this new role at Warner Bros.--particularly since I am following Bob and Terry, to whom I am indebted for so much over the years and who leave all of us at the company a legacy of success and integrity. Alan Horn is a good friend and seasoned executive of enormous ability, and I look forward to working closely with him and with Dick and Jerry to forge the future of Warner Bros. But above all, the future of our company will be guided by the sure and steady hands of the incredible management team that it has been my privilege to be part of." Alan Horn said, "Warner Bros. is absolutely the premier company in the entertainment industry and Barry Meyer is one of the most respected and skillful executives I know. This is an extraordinary opportunity for me to be able to work with Barry, Dick, Jerry and the incredible team at Warner Bros. as we all strive to continue the unparalleled achievements of my longtime friends Bob Daly and Terry Semel." Barry Meyer has been executive vice president and chief operating officer of Warner Bros. since 1994. He joined Warner Bros. in 1971 as director, Business Affairs for Warner Bros. Television Warner Bros. Television is the television production and distribution arm of Time Warner's Warner Bros. Entertainment and The CW Television Network (in which Warner has a 50% ownership stake). . A year later, Meyer was named vice president, business affairs for Warner Bros. Television, and in 1978, became executive vice president for the television division. In 1984, he was promoted to executive vice president of Warner Bros. Inc., taking charge of all of the studio's television operations. Meyer is a member and former Board of Governor of the Academy of Television Arts & Sciences, a member and past board member of the Hollywood Radio and Television Society, a member of the Academy of Motion Picture Arts and Sciences and a member of the board of directors of City National Corp and its principal subsidiary, City National Bank. He is also involved in various charitable and community service activities. Born in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Meyer holds a bachelor's degree from the University of Rochester The University of Rochester (UR) is a private, coeducational and nonsectarian research university located in Rochester, New York. The university is one of 62 elected members of the Association of American Universities. and a J.D. from Case Western University School of Law. In 1987, Alan Horn co-founded Castle Rock Entertainment where he currently serves as chairman and chief executive officer. Castle Rock has attained worldwide recognition for the quality of its movies and the production of the most successful series in television history, Seinfeld. Castle Rock films include When Harry Met Sally, City Slickers, A Few Good Men, In the Line of Fire, The Shawshank Redemption, Lone Star, Absolute Power and three upcoming films: Mickey Blue Eyes, Story of Us and The Green Mile. Previously, Horn served as president and chief operating officer at Twentieth Century Fox Film Corporation. Before joining Twentieth Century Fox, Horn worked with Norman Lear and Jerry Perenchio as chairman of Embassy Communications. Horn is a member of the Academy of Motion Picture Arts and Sciences, The Academy of Television Arts and Sciences, The American Film Institute American Film Institute (AFI), nonprofit organization established in Washington, D.C., in 1967 by the National Endowment for the Arts to preserve and catalog American films and television, to provide work grants for new and established filmmakers, and to increase , The Hollywood Radio and Television Society, and the Museum of Broadcasting Museum of Broadcasting: see Museum of Television and Radio. . He serves on the Board of Directors of Univision Communications, The Natural Resources Defense Council The Natural Resources Defense Council (NRDC) is a New York City-based, non-profit non-partisan international environmental advocacy group, with offices in Washington, D.C., San Francisco, Los Angeles, Chicago, and Beijing. Founded in 1970, NRDC today has 1. (NRDC NRDC Natural Resources Defense Council NRDC National Research and Development Centre (Institute of Education, London) NRDC National Realty & Development Corp. ) as a vice chairman, The National Advisory Board of the Autry Museum of Western Heritage in Los Angeles, The Buffalo Bill Historical Center The Buffalo Bill Historical Center is a complex of museums displaying artifacts and art of the American West located in Cody, Wyoming. The museums include the Buffalo Bill Museum, which features general western articles and historical items that help tell the story of W. F. in Cody, Wyoming, and The John Thomas Dye School The John Thomas Dye School, nicknamed JTD, is an independent private coeducational nonsectarian elementary day school located in the Bel-Air area of Los Angeles, California, serving students in kindergarten through sixth grade. in Los Angeles. He is also a founding board member of the Environmental Media Association. Horn graduated with an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration (awarded with distinction) from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . He served nearly five years in the U.S. Air Force, achieving the rank of Captain. Time Warner Inc. (NYSE NYSE See: New York Stock Exchange : TWX, www.timewarner.com), the world's leading media company, consists of four businesses: cable networks, publishing, entertainment and cable. To receive a copy of this press release through the Internet, access Time Warner's corporate website located at http://timewarner.com |
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