Warner Bros. Discovery has appointed SoFi Technologies CEO Anthony Noto and outgoing IAC CEO Joey Levin to its board of directors.
Noto, who joined the media giant’s board on Jan. 8, and Levin, who will join the board on Feb. 1, will stand election at the company’s 2025 annual shareholder meeting. Noto and Levin will each receive cash retainers of $105,000 and stock grants of $240,000 in 2025 for serving on the board, in accordance with WBD’s compensation program for all non-employee directors.
The decision follows a “comprehensive search process” led by the WBD board’s nominating and corporate governance committee that was “aided by a leading independent search firm.”