HBO chief Richard Plepler to step down: 'It is the right time for me to do so.'

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HBO chief Richard Plepler to step down: 'It is the right time for me to do so.'
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HBO chief Richard Plepler to step down in highest-profile exit since AT&T bought Time Warner

Chairman of HBO Richard Plepler attends 'The Price of Everything' New York Premiere at Museum of Modern Art on Oct. 18, 2018 in New York.Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.Richard Plepler announced on Thursday that he is stepping down as the chief executive of HBO, becoming the highest-profile executive to leave the pay-cable service since AT&T bought HBO's parent company, Time Warner, in 2016.

Turner Broadcasting's chief, David Levy, is also planning to leave the company, according to two sources familiar with the situation who were not authorized to speak publicly. Levy is preparing to release a statement on Friday, the sources said.

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