(November 10, 2000 - Burbank, CA) - Highly regarded European entertainment business executive and 24-year veteran of Warner Bros., Rick Senat will retire from the day-to-day business affairs operations of Warner Bros. at the end of the year to serve as an advisor to the company and to pursue independent entrepreneurial opportunities in the entertainment industry, it was announced today by John Schulman, Executive Vice President and General Counsel, Warner Bros. “Rick has served us long and extraordinarily well,” said Barry Meyer, Chairman & CEO, Warner Bros. “He has had an enormous impact on our company and his contributions cannot be overstated. We will miss his day-to-day counsel and his expertise, but understand and support his decision.” “Rick’s capabilities in international affairs is only surpassed by his proficiency in the execution of his job,” said Schulman. “He was truly integral and invaluable to growing our offices, building our businesses and our overall presence in Europe. He is a good friend, and we all wish him well.” Senat supervised the company’s business and legal affairs in Europe during a period of extraordinary growth and diversification. He not only spearheaded the negotiations for the acquisition of rights for high-level feature film projects (including those from Stanley Kubrick to the current phenomena Harry Potter), but also was indispensable to setting up our European operations, including Warner Bros. Consumer Products and Warner Bros. International Theatres. “This is a milestone decision for me,” said Senat. “I recently turned 50 and realized then that I have spent close to half my natural life and almost all of my working life at Warner Bros. I cannot begin to describe what a privilege it has been to work for such a great company and to express how grateful I am for the marvelous times, the fine colleagues and the friendships. But it is simply time to move on, to climb new mountains and to seek out different challenges. I look forward to continuing my long association with Warner Bros. and to starting this exciting new chapter in my life. Senat began at Warner Bros. in 1977. A solicitor and graduate of University College London, Senat currently serves as the Deputy Chairman of the British Film Institute, Vice Chairman of the European Film College in Denmark and on the Board of Bank Leumi (UK) plc.
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