Discovery financial chief, south Asia boss exiting

Discovery Communications’ chief financial officer (CFO), Andrew Warren, will leave the company at the end of 2016 after almost five years at the company, whose general manager of the south Asia region is also leaving.

Discovery said that a search for a new CFO will “begin immediately” with Warren due to leave the company at the end of the year in to ensure “a seamless transition” over the coming quarters.

Meanwhile, Discovery Networks Asia-Pacific’s executive VP and general manager – south Asia, Rahul Johri, has resigned, effective February 24.

“Discovery is a better company because of Andy Warren and I cannot say enough about his commitment and collaboration over the past manyyears,” said Discovery CEO David Zaslav.

“Under his guidance we have invested in more original content and sports IP, diversified our global businesses and platforms and developed innovative currency and tax management strategies.”

Since joining in 2012, Warren oversaw Discovery’s acquisitions of SBS Nordic and Eurosport, and led over US$3 billion of US and Euro debt issuances as well as the company’s tax and capital allocation strategy.

Over in Asia Pacific, Johri will remain a senior advisor to Arthur Bastings, president and managing director, Discovery Networks Asia-Pacific, until the end of the year. A south Asia replacement is being sought, with Bastings overseeing the region on the interim.

Johri has been with Discovery for 15 years.