- NBCUniversal CEO Jeff Shell is leaving the corporate over an inappropriate relationship with an worker.
- The corporate introduced the results of an investigation right into a grievance of inappropriate conduct Sunday.
- Shell has been with the corporate for practically 20 years.
The CEO of NBCUniversal, Jeff Shell, is stepping down instantly following an investigation right into a grievance of inappropriate conduct, Comcast introduced Sunday.
“In the present day is my final day as CEO of NBCUniversal,” Shell mentioned in a two-paragraph assertion.
“I had an inappropriate relationship with a lady within the firm, which I deeply remorse. I am really sorry I let my Comcast and NBCUniversal colleagues down, they’re probably the most gifted individuals within the enterprise and the chance to work with them the final 19 years has been a privilege.”
No fast successor was introduced within the launch. The Wall Avenue Journal and CNBC reported that Shell’s direct studies will likely be managed by Comcast president Mike Cavanagh till a alternative is called.
In an announcement despatched to NBCUniversal workers, Cavanagh and Comcast CEO Brian Roberts mentioned they have been “upset” to share this information with you, CNBC reported.
“We constructed this firm on a tradition of integrity. Nothing is extra necessary than how we deal with one another. It’s best to depend in your leaders to create a protected and respectful office. When our ideas and insurance policies are violated, we are going to all the time transfer shortly to take acceptable motion, as now we have completed right here,” they mentioned.
Shell turned CEO of NBCUniversal in 2020 and was chairman of Common Filmed Leisure Group from 2013 to 2019.
His profile on the company web site said: “Over the course of his tenure, Common celebrated 4 years of file revenue, and the 2 most worthwhile years within the studio’s 107- 12 months historical past with titles from a few of its largest franchises corresponding to ‘Quick & Livid,’ ‘Jurassic World,’ and ‘Despicable Me’.”
NBCUniversal consists of the corporate’s tv operations corresponding to NBC and Sky in Europe, Common Photos, theme parks and different property.
Comcast is because of report first-quarter outcomes on Thursday.
Comcast didn’t instantly reply to a request for remark from Insider on Sunday.
