NBCUniversal CEO Jeff Shell is out after admitting inappropriate relationship with woman

NBCUniversal CEO Jeff Shell is out after admitting inappropriate relationship with woman


Jeff Shell, CEO of NBCUniversal, walks to lunch at the Allen & Company Sun Valley Conference on July 07, 2022 in Sun Valley, Idaho.

Kevin Dietsch | Getty Images

NBCUniversal CEO Jeff Shell on Sunday left his role immediately after he admitted an “inappropriate relationship” with a woman in the comany, parent company Comcast announced.

“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,” Shell said in a statement.

A company email said Shell’s team will report to Comcast President Mike Cavanagh.

“We are disappointed to share this news with you. 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,” Cavanagh and Comcast CEO Brian Roberts said in a separate statement.

Comcast is due to report earnings Thursday.

Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.

This is breaking news. Please check back for updates.



Source

Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report
Business

Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report

Shoppers at the Glendale Galleria in Glendale, Calif., on Dec. 20, 2025, the final weekend of Christmas gift buying. Myung J. Chun | Los Angeles Times | Getty Images U.S. consumers showed resilience this holiday season, driving retail spending up 4.2% year over year, according to preliminary data released Tuesday by Visa. The report from […]

Read More
Why Warner Bros. Discovery shareholders might opt for Paramount’s offer — and why they might not
Business

Why Warner Bros. Discovery shareholders might opt for Paramount’s offer — and why they might not

Ted Sarandos, left, co-CEO of Netflix, and David Zaslav, CEO of Warner Bros. Discovery. Mario Anzuoni | Mike Blake | Reuters Hours before Warner Bros. Discovery agreed to sell its studio and streaming assets to Netflix, Ted Sarandos, the co-CEO of Netflix, called WBD CEO David Zaslav to inform him Netflix wouldn’t be bidding any […]

Read More
The NBA is pursuing ownership groups for a potential basketball league in Europe
Business

The NBA is pursuing ownership groups for a potential basketball league in Europe

NBA Commissioner Adam Silver speaks during a news conference following a meeting of the NBA’s board of governors at the Thomas & Mack Center on Tuesday, July 15, 2025, in Las Vegas. (Chase Stevens/Las Vegas Review-Journal/Tribune News Service via Getty Images) Chase Stevens | Las Vegas Review-journal | Getty Images The NBA is looking to […]

Read More