NBCUniversal CEO Jeff Shell has resigned after investigators found he had an inappropriate relationship with a woman within the company. The announcement was made on Sunday by Comcast, the parent company of NBCUniversal. The change is effective immediately, and a statement from Business Wire revealed that the decision was mutual between Shell and Comcast.
“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.”
In a statement, Shell admitted to the relationship and expressed deep regret over the situation. He also apologized for letting his colleagues down and acknowledged their talent, saying that it had been a privilege to work with them for the past 19 years.
“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.”
In response to the incident, Comcast released a joint statement with CEO Brian Roberts, emphasizing the importance of trust and integrity in the workplace. The statement also underscored the company’s commitment to creating a safe and respectful work environment, promising to take swift and appropriate action when policies are violated.
“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,” the statement read.
The departure of Shell raises questions about leadership at NBCUniversal and how the company will move forward. It is unclear who the woman involved in the relationship was, and there is no information on whether she will face any repercussions.