After 48 years at Warner Bros, Vice-Chairman Ed Romano is retiring at the end of next month. The former longtime company CFO will segue into a consultancy role, serving as an executive advisor to Warner Bros chairman and CEO Kevin Tsujihara, the studio said today.
“I have worked with Ed as long as I’ve been at Warner Bros — in fact, it’s hard to imagine the studio without him,” said Tsujihara today. “He’s more than just a longtime employee, he’s part of the company’s history. I’m grateful for his partnership since I’ve been CEO, and while this is being called his retirement, I’m glad that we’ll still be able to draw upon his experience and counsel as a consultant. So I’ll thank him for his many years of service, but I won’t say goodbye.”
Past Warners bosses Barry Meyer and Bob Daly also praised Romano, who saw the studio’s profits grow from $200 million when he joined in 1968 to $12.9 billion last year. “He has been with the studio through incredible periods of growth and change, and has been an important part of that evolution,” said Meyer. Added Daly, “He really is a company man — in the best sense — and his contributions to Warner Bros are numerous.”
Romano shifted into the newly created Vice-Chair role in December 2014 after serving as CFO and VP for two decades. During his tenure at Warner Bros, the exec also served as Assistant Treasurer, Controller, VP & Controller, and SVP & Controller. Before joining the company in 1968, Romano worked for five years at the accountant firm of Peat, Marwick, Mitchell & Co.