David Zaslav, the CEO of CNN parent company Warner Bros. Discovery, announced the leadership change on CNN’s morning editorial call on Wednesday.
Zaslav appointed a four-person leadership team to lead the network in the interim.
Licht replaced Jeff Zucker as CNN’s chief executive last year, with a mandate to make the network move the network more toward the political center. But a town hall meeting with Donald Trump received wide criticism, and a revamp of the network's morning show imploded with the firing of Don Lemon.
A lengthy profile of Licht in Atlantic magazine that came out on Friday proved embarrassing and likely sealed his fate. Only two days ago, Licht promised on the same morning editorial call to fight to regain the trust of CNN employees.
But internally, Licht couldn't gain the support of many at the network who felt loyal to Zucker, who was forced out following the revelation of an improper relationship with a work colleague.
CNN's May ratings were dismal, with prime-time viewership less than half of rival of MSNBC, with Fox News Channel still leading among the cable networks.
Zaslav appointed four current CNN executives — Amy Entelis, Virginia Moseley, Eric Sherling and David Leavy — to run the network while a search for a replacement is conducted.
“We are in good hands, allowing us to take the time we need to run a thoughtful and thorough search for a new leader,” Zaslav said in a memo to CNN staff.
InnerPlant CEO Shely Aronov reveals how engineered crops like soybeans and corn emit signals when stressed—offering farmers early warnings to boost yields.
Payoneer CEO John Caplan discusses the implications of $100K H1B visa requirements—and how they could reshape tech talent, hiring, and U.S. competitiveness.
Electronic Arts, the video game maker of “Madden NFL,” “The Sims,” and other popular titles, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.
Merriam-Webster has fully revised its popular “Collegiate” dictionary with over 5,000 new words. They include “petrichor,” “dumbphone” and “ghost kitchen.” Also “cold brew,” “rizz,” “dad bod,” “hard pass,” “cancel culture” and more.