More change is afoot for theboard of directorsof Warner Bros.
Discovery, asLi Haslett Chenhas announced her plan to resign her board seat on January 31.
A briefSEC filingMonday revealed the move by Chen, who is founder and CEO of tech platform Howl.
Warner Bros DiscoveryPhil Walter/Getty Images
The filing noted that Chens term was scheduled to expire at the companys annual shareholder meeting in 2025.
Board Chair Samuel A.
Di Piazza, Jr. thanked Chen for her service and considerable contributions to the company.
Speaking of strategic progress, the board may be evaluating some significant options in the coming months.
Chens exit is the latest development pertaining to WBDs board in recent months.
Last April, the companyannouncedthat Steven A. Miron and Steven O. Newhouse had resigned as directors.
The suitresultedin a $125 million settlement to be paid by WBD, the company disclosed last July.
The board had decided at a recent meeting to expand to 12 directors.
Chens departure will leave 11 directors.
Prior to creating Howl, which specializes in social media monetization, Chen founded and led AI firm Narrativ.
