Warner Bros. Discovery, Inc. - Form 8-K Filing
This filing details an amendment to the employment agreement for Gunnar Wiedenfels, Chief Financial Officer of Warner Bros. Discovery, Inc. The new agreement, effective July 11, 2026, extends his term to April 28, 2028. His annual base salary will be $2,500,000, with a target annual cash bonus of 175% of his base salary. He is also eligible for annual equity awards with a target value of $10,000,000 and will receive a one-time restricted stock unit award valued at $2,000,000 on August 17, 2026. The agreement outlines specific terms for termination, including provisions for termination with or without cause, resignation for good reason, death, or disability. It also details non-compete and non-solicitation clauses. The agreement is not contingent on the proposed merger with Paramount Skydance Corporation.