CNN CEO steps down after series of mistakes – 06/07/2023 – Market

Chris Licht, the CEO of CNN, stepped down this Wednesday (7) after a series of controversies.

He was handpicked just over a year ago by Warner Bros Discovery chief executive David Zaslav to run the company following the departure of his former boss, Jeff Zucker.

However, Licht’s brief tenure at the top of CNN was marred by mistakes, culminating in a scathing article in The Atlantic magazine last week that portrayed the executive as frail and stressed.

Weeks earlier, CNN had organized a lecture with Donald Trump, who insulted the network moderator to applause from the audience full of supporters of the former president.

CNN journalists were angered, but Licht defended the decision, saying, “America has been very well served by what we’ve done.”

He apologized to company staff on Monday morning, telling employees he would “fight like hell” to regain their trust.

Translated by Luiz Roberto Gonçalves