Chris Licht, the embattled CEO of CNN, plans to step down, he confirmed to Axios on Wednesday. Licht has been on the job for 13 months.
Why it matters: Licht’s leadership became untenable following a damning profile about him published by The Atlantic last week.
- Warner Bros. Discovery executive David Leavy, a longtime confidant of CEO David Zaslav, was named chief operating officer of CNN last week, the day before The Atlantic story was published.
- The news of Licht's planned departure was first reported by Puck.
What's next: Amy Entelis, CNN's executive vice president for talent and content development, is expected to take over as interim CEO, per Puck.
Go deeper: Chaos looms over CNN
Disclosure: This author is a CNN contributor.
