Warner Bros. has named CFO Ed Romano to the newly created post of Vice Chairman of the company, Chairman and CEO Kevin Tsujihara announced Wednesday.
“Ed is truly a Warner Bros. institution, and I am so fortunate to be able to draw upon his experience and expertise on a daily basis,” Tsujihara said in a statement. “He has an incredible perspective on our business and the industry as a whole, and his partnership will be invaluable as we move the company toward our goals.”
Romano, a company vet since 1968, will work with Tsujihara to grow international expansion, digital transition and resource reallocation from mature businesses to high opportunity, content-creating divisions.
“Ed was a great partner to Terry [Semel] and me,” said Bob Daly, former Chairman and CEO of Warner Bros. “He is solid, stable and precise, and he’ll continue to be an amazing asset to the company that he’s loved for more than 40 years.”
The studio adds that “during Romano’s 46-year tenure, the Studio has grown from revenues of $200 million in 1968 to $12.7 billion in 2013. Under his leadership as CFO, Warner Bros. has enjoyed consistent record-breaking years. ”
Romano’s titles include Assistant Treasurer, Controller, Vice President and Controller, and Senior Vice President and Controller. Romano joined Warner Bros. in 1968, after serving five years at the public accountancy firm of Peat, Marwick, Mitchell & Co.