Jason Kilar named CEO of WarnerMedia

Jason Kilar has been named CEO of WarnerMedia, effective May 1, the company announced Wednesday.

The big picture: Kilar, the founding CEO of Hulu, replaces John Stankey, AT&T’s president and chief operating officer. Kilar will report to Stankey, who has been acting as CEO of WarnerMedia.

• WarnerMedia is on the brink of launching its own streaming service, HBO Max.
• Kilar is a streaming, media and technology veteran, having spent years at Amazon leading its North American media business prior to his time at Hulu.

“Jason is a dynamic executive with the right skill set to lead WarnerMedia into the future. His experience in media and entertainment, direct-to-consumer video streaming and advertising is the perfect fit for WarnerMedia, and I am excited to have him lead the next chapter of WarnerMedia’s storied success.”