NBCUniversal CEO Jeff Schell leaves after inappropriate relationship

  • NBCUniversal CEO Jeff Schell has left.
  • “I had an inappropriate relationship with a woman at the company and I deeply regret it,” Shell said in a statement.
  • Shell’s executive team will begin reporting to Comcast Chairman Mike Kavanagh.

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

Kevin Deitch | Good pictures

NBCUniversal CEO Jeff Shell stepped down Sunday, effective immediately, after admitting to an “inappropriate relationship” with a woman at Comey, parent company Comcast announced.

“Today is my last day as CEO of NBC Universal. I had an inappropriate relationship with a woman at the company, and I deeply regret it. I am truly sorry for letting my Comcast and NBC Universal colleagues down, who are very talented. The past 19 years of business and the opportunity to work with them have been a privilege. “Blessed,” Shell said. A statement.

Shell’s team will report to Comcast Chairman Mike Kavanagh, a company email said.

“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 must trust your leaders to create a safe and respectful workplace. Violations of our principles and policies, as we did here, require appropriate action. We will always move quickly to adopt,” Cavanaugh and Comcast CEO Brian Roberts said in a separate statement.

Comcast is due to receive earnings Thursday.

Disclosure: Comcast is owned by NBCUniversal, the parent company of CNBC.

This is breaking news. Check back for updates.

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