Turner has named former AT&T executive Peter Knag its new chief financial officer, the company announced Thursday.
Knag, as vice president of AT&T merger planning, led the financial planning and analysis for AT&T’s just-completed acquisition of Time Warner. Prior to that role, he was managing director of corporate development for AT&T.
Knag, whose full title will be CFO and executive vice president, replaces Pascal Desroches, who was promoted to CFO of WarnerMedia. Knag will report to Desroches.
“This is an important time of transition for Turner, as the merger with AT&T will allow us to innovate even more quickly and create more value for fans, distributors, content creators and advertisers,” said Desroches. “Peter was instrumental during the integration process, and I am confident that he will continue to bring his expertise and leadership abilities to the Turner portfolio in this role.”
AT&T has already made a few changes since its merger with Time Warner closed. Last week, it renamed Time Warner into WarnerMedia and installed John Stankey as CEO of the new division.