---
schema_version: "secwatch.filing_event.v1"
accession: "0001437107-25-000180"
form_type: "8-K"
ticker: "WBD"
cik: "0001437107"
company_name: "Warner Bros. Discovery, Inc."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:16:27.654294+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WBD outlines post-separation exec roles for Campbell & Perrette with $2.3M base, $9.5M 2025 equity

## Summary
- Campbell to become COO of Warner Bros. post-split; current salary $2.946M, new salary $2.3M, equity target $11.6M/year.
- Perrette to become President & CEO, Global Streaming & Games of Warner Bros.; salary $2.3M, annual equity target $10.6M.
- 2025 equity grants increased to $9.5M for both; incremental $1M awards on Aug 15, 2025.
- Current agreements extended to 2028; separation must close by Dec 31, 2026, or new agreements void.
- Both executives have 12-month non-compete; severance up to 24 months base plus bonus.

## SEC filing metadata
- accession: 0001437107-25-000180
- form_type: 8-K
- ticker: WBD
- cik: 0001437107
- company_name: Warner Bros. Discovery, Inc.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437107/000143710725000180/0001437107-25-000180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437107/000143710725000180/disca-20250727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437107-25-000180
- JSON: https://secwatch.observer/filing/0001437107-25-000180.json
- Plain text: https://secwatch.observer/filing/0001437107-25-000180.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.