Warner Bros. Discovery Adds Private Equity Veteran Anton Levy to Board After Activist Pressure (2025)

Warner Bros. Discovery is beefing up its board of directors with a private equity and technology veteran, Anton Levy.

Levy, currently an advisory director at the private equity giant General Atlantic, previously served as co-president and chairman of global technology for the firm. Levy was instrumental in some of General Atlantic’s most notable tech investments, including companies like Airbnb, Facebook, Slack, Snapchat, Squarespace and Uber.

The addition of Levy comes after WBD faced pressure from the activist hedge fund Sessa Capital, which built a roughly 1 percent stake in the company and had been pushing to add board members and restructure itself faster, The Wall Street Journal reported.

WBD says that it added Levy following a “comprehensive search process.” The company added Anthony Noto and Joey Levin to its board earlier this year.

In a statement, WBD board chair Samuel Di Piazza noted the involvement of Sessa, expressing appreciation for the “helpful input from John Petry, managing member of Sessa Capital, as part of that process.”

“[Levy’s] addition is consistent with the commitment we announced in December to continue to enhance the board with industry experts with track records of value creation,” Di Piazza added. “We look forward to working with Anton as we continue to oversee the execution of Warner Bros. Discovery’s strategy to unlock value for shareholders.”

“We are making meaningful progress to achieve our vision for Warner Bros. Discovery and harness the power of our unique, world-class assets to drive profitable growth,” added David Zaslav, president and CEO of Warner Bros. Discovery. “We continue to move forward with urgency to improve performance and position our businesses for success over the near- and long-term amid the evolving industry landscape. We are confident that Anton will add valuable perspectives as we continue to take steps to drive long-term value for shareholders.”