Investing
Jeff Shell out as NBCUniversal CEO after probe over inappropriate relationship
© Reuters. FILE PHOTO: Jeff Shell, CEO of NBCUniversal, speaks during a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. REUTERS/Eric Gaillard
(Reuters) -NBCUniversal Chief Executive Jeff Shell (LON:) is leaving after acknowledging an inappropriate relationship with a woman in the company, following a complaint that prompted an investigation, parent company Comcast Corp (NASDAQ:) said on Sunday.
“I had an inappropriate relationship with a woman in the company, which I deeply regret,” Shell said in a statement. His departure is effective immediately.
Shell, previously chairman of NBCUniversal Film and Entertainment, took over as CEO in 2020, replacing Steve Burke.
NBCUniversal is one of the world’s largest media companies, encompassing movie and TV studios, theme parks, NBC News and cable TV networks.
Comcast said the investigation into the complaint against Shell was led by outside counsel. It did not provide other details.
In 2020, NBCUniversal Vice Chairman Ron Meyer left the company after disclosing a settlement with a woman with whom he had a consensual affair years ago.
Shell joins other high-profile executives who have lost their jobs in recent years over accusations of improper conduct or sexual harassment.
In 2019, Warner Bros Chairman and Chief Executive Kevin Tsujihara resigned as one of Hollywood’s most powerful studios investigated a report that he improperly helped an actress obtain roles at the studio.
Read the full article here
-
Side Hustles6 days ago
3 Steps You Can’t Miss When Growing Your Business
-
Make Money6 days ago
Here’s the Typical American’s Income at Every Age. How Do You Compare?
-
Investing6 days ago
Germany stocks lower at close of trade; DAX down 0.65% By Investing.com
-
Investing6 days ago
How I Transformed My Business by Letting Go of Low-Value Tasks
-
Passive Income4 days ago
Are You Running Your Business, or Is Your Business Running You?
-
Side Hustles3 days ago
How to Be Unapologetically You and Why It Matters
-
Passive Income6 days ago
CVS Is Laying Off Thousands in Cost Cutting Initiative
-
Side Hustles4 days ago
How Your Body Language Can Help Win a Disagreement