Gunnar Wiedenfels has been unleashed.
The Warner Bros. Discovery chief financial officer may very well be the most important non-chief executive officer in Hollywood right now. And WBD CEO David Zaslav has dispatched him on a mission to help pitch the entertainment conglomerate’s recovery plan amid a crippled stock that’s seen $20 billion of value wiped away since Discovery bought WarnerMedia for $43 billion in April.
Wiedenfels has passionately pleaded the company’s case to investors at two of the industry’s most watched conferences — the Goldman Sachs Communacopia + Technology event held in San Francisco on Tuesday and last week’s Bank of America Securities Media, Entertainment and Communication confab held in Los Angeles.