Warner Bros. Discovery is expanding its board of directors.
The entertainment company says that Daniel Sanchez will join its board beginning Oct. 1. Sanchez is no stranger to Discovery shareholders, as he previously served on the Discovery board before the 2022 WarnerMedia merger that created the current company.
He is also the nephew of fellow WBD board member and shareholder John Malone, and he currently serves on the boards of Malone’s Liberty Global Ltd. and also Liberty Latin America Ltd. Before he retired in 2021, Sanchez worked as an attorney, with a particular focus on tax law and tax planning.
Malone is a major shareholder in a number of media-related companies, including the Liberty companies (which control SiriusXM, Formula 1, the Atlanta Braves and other properties) as well as Charter Communications. He is also a mentor to WBD CEO David Zaslav.
WBD said in a statement that Sanchez’s legal expertise will help him “assist the Board in developing strategies that take into consideration a wide range of issues resulting from the application and evolution of tax laws and regulations.”
“Dan’s legal background, business experience, and exceptional service on the Discovery, Inc. board make him a positive addition to WBD’s Board,” said Samuel A. Di Piazza, Jr., board chair of WBD, in a statement. “The Company and the industry are in a time of exceptional change, and with that comes exceptional opportunity. Dan will be an important voice as the Board advises on growth plans, evolving consumer preferences, and strategic initiatives.”