NBCUniversal CEO Jeff Shell is departing Comcast after an investigation into “inappropriate conduct” led by outside counsel.
Jeff Shell Leaves Comcast
Shell was named CEO of NBCUniversal in January 2020. Previously, he served as Chairman of NBCUniversal Film and Entertainment, Chairman of NBCUniversal International, and President of Comcast Programming Group.
Comcast did not announce a new replacement for Shell. Chairman and CEO of Comcast Brian Roberts said in a note to employees that Shell’s senior team would now report to Mike Cavanagh, Comcast’s President.
“We are disappointed to share this news with you,” Roberts said. “We built this company on a culture of integrity. Nothing is more important than how we treat each other.”
Read Comcast’s press release, including Shell’s statement about his “inappropriate relationship” with a fellow employee below.
Comcast Press Release
Comcast Corporation Announces Jeff Shell Is Leaving the Company
PHILADELPHIA–(BUSINESS WIRE)–Comcast today announced that the Company and Jeff Shell, Chief Executive Officer of NBCUniversal, have mutually agreed that Mr. Shell will depart effective immediately following the Company’s investigation led by outside counsel into a complaint of inappropriate conduct.
Mr. Shell said, “Today is my last day as CEO of NBCUniversal. I had an inappropriate relationship with a woman in the company, which I deeply regret. I’m truly sorry I let my Comcast and NBCUniversal colleagues down, they are the most talented people in the business and the opportunity to work with them the last 19 years has been a privilege.”