HBO President and Chief Revenue Officer Simon Sutton To Exit
Simon Sutton, HBO’s president and chief revenue officer, is leaving the company following its transfer to new corporate parent AT&T/WarnerMedia, Deadline confirmed.
Bloomberg, which broke the news earlier today, said Sutton will exit at the end of the month. He is the latest executive to exit the premium cable network following AT&T’s acquisition of Time Warner.
The longtime HBO exec joined the premium cable network in 2005, and had been in his current position since 2018, according to his LinkedIn bio, which says he is currently responsible for over $7 billion in annual revenue and 130 million subscribers for the cabler.
Sutton oversaw technology, broadcast operations, information-technology research, and distribution deals with TV providers. Sutton’s role reportedly became redundant when WarnerMedia recently named Turner’s Gerhard Zeiler as chief revenue officer.
His departure follows news that HBO’s president of global distribution, Bernadette Aulestia, will be leaving, along with HBO Chief Executive Officer Richard Plepler, who resigned as part of a corporate reshuffling, as AT&T-owned WarnerMedia breaks down the long-established barriers between business units.
HBO previously operated with a high degree of autonomy, determining its own production, marketing and distribution strategies. The parent company now favors a portfolio approach that will combine Turner’s networks with HBO.
Labels: DEADLINE
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