NBC Universal Chief is Ousted After Confessing to ‘Inappropriate Relationship’...

by Kyle Becker at Becker News

NBCUniversal CEO Jeff Shell has resigned from his position after confessing to “an inappropriate relationship” with a woman at the media giant, according to parent company Comcast.

The revelation came to light during an investigation by an external counsel in response to a complaint against Shell.

“Today is my last day as CEO of NBCUniversal,” Shell said in a statement Sunday. “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,” the statement said. “They are the most talented people in the business and the opportunity to work with them the last 10 years has been a privilege.”

Shell, who has been with the company for twenty years and is married, had been in charge of the entertainment division, which includes the struggling Peacock streaming service that has been facing fierce competition from rivals, as reported by The Wall Street Journal. Despite adding over 20 million new subscribers in the fourth quarter, Peacock still incurred losses of nearly $1 billion.

Details of Shell’s relationship with the staff member and her role within the company…