“NBCUniversal CEO Jeff Shell Resigns Amid Allegations of Inappropriate Behavior: Latest News and Updates”

2023-04-25 04:30:00

Comcast sent shockwaves through Hollywood on Sunday by issuing a terse statement announcing that NBCUniversal CEO, Jeff Shell, was leaving the entertainment business immediately after an external investigation into “inappropriate behavior”. In his own statement, Jeff Shell reveals that he “had an inappropriate relationship with an employee of the company”, which he “deeply regrets”.

The statement from the US cable giant does not indicate who will replace the veteran, who worked for the group for 19 years, although the CEO Brian Roberts sent a memo to staff announcing that the president of Comcast, Mike Cavanagh, would lead the company on an interim basis. “We are disappointed to share this news with you, declares the CEO in this note, which was communicated to Vanity Fair. We have built this business on a culture of integrity. Nothing is more important than how we behave towards each other. »

Second NBCUniversal executive ousted from company in 3 years

Jeff Shell spent three years running NBCU, the company behind television network NBC, cable networks E! and Bravo, streamer Peacock and theme parks Universal Studios. He replaced longtime CEO Steve Burke in winter 2020 after a career that saw him in charge of the company’s film and television businesses, its international arm and regional television networks. As studio president for six years, he oversaw franchises such as Fast & Furious, Jurassic World et Me, ugly and meanaccording to his biography which was still online on the NBCU website Sunday afternoon.

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Shell is the second senior NBCUniversal executive in three years to be ousted from the company. Ron Meyer stepped down as vice president of the company in the summer of 2020 after it was discovered he paid actress Charlotte Kirk a settlement following an affair. In a statement at the time, he said third parties had become aware of the transaction and had “attempted to [lui] extort money or implicate NBCUniversal, which has nothing to do with this case, and made false allegations to [son] subject “.

News of Jeff Shell’s departure surprised many NBCU employees. He apologized to them in his Sunday afternoon statement: “I am sincerely sorry to have disappointed and let down my colleagues at Comcast and NBCUniversal, who are the most talented people in the industry and with whom I have had the privilege of working for the past 19 years. »

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