Outgoing IAC CEO Joey Levin and Anthony Noto, CEO of SoFI Technologies, have been named to the board of Warner Bros. Discovery.
Noto joined the board Jan. 8 and Levin is set to join Feb. 1. Both will stand for election by the company’s stockholders at the 2025 Annual Meeting of Stockholders.
The additions come after the announcement that Howl CEO Li Haslett Chen would step down from the board as of Jan. 31.
After the appointments, WBD’s board will include 13 directors, with 12 of them independent.
“We are pleased to welcome two seasoned executives who will bring valuable insights and expertise to the Board,” said Warner Bros. Discovery CEO David Zaslav. “Both Anthony and Joey are accomplished leaders with considerable experience in relevant industries and exceptional track records of driving growth, innovation and shareholder value. I look forward to working closely with them as we continue to deliver on key strategic and operational objectives to realize the full potential of Warner Bros. Discovery.”
“Today’s announcement reinforces Warner Bros. Discovery’s commitment to continuing to enhance our Board with best-in-class leaders, bringing a broad range of experience to our board,” said Samuel A. Di Piazza, Jr., chair of the board of Warner Bros. Discovery. “We are confident that Anthony and Joey will bring fresh ideas and important perspectives to our Board as we continue to evaluate all avenues to deliver significant shareholder value.”
On Monday, IAC announced that Joey Levin would depart IAC after the spinoff of its home services platform Angi. He is slated to become executive chairman of Angi, working alongside CEO Jeff Kipp. Levin had been CEO of IAC since 2015.
Noto has been CEO of financial company SoFI since 2018. He was previously chief financial officer and chief operating officer at Twitter and served as co-head of Global TMT Investment Banking at Goldman Sachs and as chief financial officer of the National Football League from 2008 to 2010.