NBCUniversal CEO Jeff Shell is stepping down following an 'inappropriate relationship' with a colleague
reported that Shell's direct reports will be managed by Comcast president Mike Cavanagh until a replacement is named.
In an internal memo shared with Insider, Cavanagh and Comcast CEO Brian Roberts said they were"disappointed" to share the news,"We built this company on a culture of integrity. Nothing is more important than how we treat each other. You should count on your leaders to create a safe and respectful workplace. When our principles and policies are violated, we will always move quickly to take appropriate action, as we have done here," they said.
Shell became CEO of NBCUniversal in 2020 and was chairman of Universal Filmed Entertainment Group from 2013 to 2019.stated:"Over the course of his tenure, Universal celebrated four years of record profit, and the two most profitable years in the studio's 107- year history with titles from some of its biggest franchises such as 'Fast & Furious,' 'Jurassic World,' and 'Despicable Me'.
NBCUniversal includes the company's television operations such as NBC and Sky in Europe, Universal Pictures, theme parks and other assets. Comcast did not immediately respond to a request for comment from Insider on Sunday.Subscribe to push notifications
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