Peter Knag Named Executive Vice President and Chief Financial Officer of Turner

Peter Knag Named Executive Vice President and Chief Financial Officer of Turner Thursday, June 21, 2018

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Knag to report to Pascal Desroches, Chief Financial Officer, WarnerMedia and Turner Administrative Officer

NEW YORK, June 21, 2018: Turner has announced the appointment of Peter Knag as Executive Vice President and Chief Financial Officer of Turner. He will report to Pascal Desroches, who has been elevated to Chief Financial Officer, WarnerMedia and Turner Administrative Officer.

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.

Knag was previously the vice president of AT&T Inc. merger planning, leading financial planning and analysis for the AT&T/Time Warner integration process. Prior to that role, he was Managing Director of Corporate Development for AT&T Inc., where he led the management of client relationships, analysis, negotiation and execution of mergers, acquisitions, joint ventures, divestitures, and venture capital investments on behalf of AT&T and its affiliates worldwide. Knag joined AT&T in 1999 and led and executed more than $200 billion in transactions.

Prior to joining AT&T, Knag worked for Lehman Brothers and First Albany Corporation. Knag holds a Bachelor's degree and a Master of Business Administration (MBA) from Southern Methodist University and is on the board of directors and treasurer of Vogel Alcove.

About Turner

Turner, a WarnerMedia company, is a global entertainment, sports and news company that creates premium content and delivers exceptional experiences to fans whenever and wherever they consume content. These efforts are fueled by data-driven insights and industry-leading technology. Turner owns and operates some of the most valuable brands in the world, including Adult Swim, Bleacher Report, Boomerang, Cartoon Network, CNN, ELEAGUE, FilmStruck, Great Big Story, HLN, iStreamPlanet, Super Deluxe, TBS, Turner Classic Movies (TCM), TNT, truTV and Turner Sports. For more information, please visit: www.turner.com.

CONTACT:

Lisa Marzullo

lisa.marzullo@turner.com

(212) 275-6190

LINK:	https://www.turner.com/pressroom/peter-knag-named-executive-vice-presi...
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