HBO CEO Richard Plepler to resign
HBO CEO Richard Plepler is out amid a broad restructuring of the company under new parent AT&T, according to an internal memo obtained by CNBC.My dad always gave the best advice. Whenever there was a difficult decision to make, he counseled that since no one could ever have perfect visibility into the future, the best thing you could do was trust your instincts.
In the past weeks, I've thought a lot about the incredible journey of this company in the nearly 28 years that I have been blessed to be here. It's a journey of great pride and accomplishment because so many of you, and many others before us, have made HBO a cultural and business phenomenon. Thanks to all of you, we are today churning on all cylinders both creatively and as a business.
It has been the great joy of my professional life to share this ride with you over these many years. And the great honor of my professional life to be your CEO. I don't have the words to express my gratitude for the support and talent that made our success together possible. But suffice it to say, my love for this place, and for all of you, is deeply a part of me and will last a lifetime.
We've created a great and unique enterprise and I know that you will protect its legacy and do all to enhance its future in the years to come. Know that I will always be cheering loudly, even when I am outside this building, as HBO continues to thrive. This story is developing. Please check back for updates.
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