Zinger Key Points
- Warner Bros. Discovery announces the appointment of Anthony Noto and Joey Levin to the company's board.
- Warner Bros. Discovery shares climb more than 1% on the news.
- Feel unsure about the market’s next move? Copy trade alerts from Matt Maley—a Wall Street veteran who consistently finds profits in volatile markets. Claim your 7-day free trial now.
Warner Bros. Discovery Inc WBD shares are inching higher in extended trading Tuesday after the company added two new board members.
What Happened: After the market close on Tuesday, Warner Bros. Discovery announced that SoFi Technologies Inc SOFI CEO Anthony Noto and newly appointed Angi Inc ANGI Executive Chair Joey Levin were selected to join the company’s board.
“We are pleased to welcome two seasoned executives who will bring valuable insights and expertise to the board,” said David Zaslav, president and CEO of Warner Bros. Discovery.
“Both Anthony and Joey are accomplished leaders with considerable experience in relevant industries and exceptional track records of driving growth, innovation and shareholder value.”
Warner Bros. Discovery said Noto joined the board on Jan. 8, and Levin will join on Feb. 1.
WBD Price Action: Warner Bros. Discovery shares were up 1.13% after hours, trading at $9.84 at the time of publication Tuesday, according to Benzinga Pro.
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