CNN's Chris Licht celebrates exit with Nancy Pelosi, others

CNN's Chris Licht celebrates exit with Nancy Pelosi, others

The employee can react to losing a job, whether anger, fear, or celebration. The former CNN CEO chose the latter.

On Thursday, CNN Chairman and CEO Chris Licht was announced as the network's chairman and CEO.

The move comes amidst several high-profile events for the news network owned by Warner Bros. WBD, Discovery Inc.

things didn 't work for a number of reasons, and that s unfortunate and ultimately that s on me. And I take full responsibility for that, he said.

hours after his exit, Licht was spotted with Devan Cayea at the Polo Bar in New York City, another former CNN employee who had also exited the cable news network. According to the New York Post's Page Six, the duo appeared to be celebrating their exit from CNN.

Also seen in photos with Licht and Cayea is former Speaker of the House and Congresswoman Nancy Pelosi.

Page Six reached out to Licht and did not hear back if Pelosi dined with the former CNN members or if they ran into her and shared the photo opportunity.

The photo of Licht celebrating and being together with Pelosi didn t go over well with his former CNN colleagues, the report said.

He lit a network on fire for a year, left it in ruins, didn't bother to send a goodbye note to the staff, and instead of saying he s going to take a moment of reflection he goes and hangs out at a sceney restaurant all in an effort to make it look like he s fine, a CNN staff member said.

The staff member said Licht has learned nothing since seeing the images from the Polo Bar.

The pictures with Pelosi could also come as a surprise to many employees who were disappointed with the network's coverage of the Trump Town Hall.

Jon Stewart Bashes CNN over Donald Trump Town Hall, Network Trying to Get Back into Former Pres' Good Graces.

Since hosting a Town Hall with former president Donald Trump, CNN has faced backlash from the public and from employees.

The media company's shares have surged 43% year-on-year, up 43% from a year ago. The stock move comes after the company posted its first-quarter results that came in shy of analysts' predictions.

Studio, network, advertising, DTC and distribution revenue all fell in the first quarter on a year-over-year basis.

The DTC segment, which includes the popular HBO Max, has been a bright spot for the company. With major question marks over the future of CNN and the impact of the ongoing writer's strike on original content for HBO Max, Warner Bros. said it had a major impact on its original content. Discovery has a bumpy road ahead of it.

WBD price action: Warner Bros. On Friday, Discovery shares are down 2.25% to $13.71 versus a 52-week range of $8.82 to $17.65.

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