NBCUniversal CEO Jeff Shell resigns over ‘inappropriate relationship’

Jeff Shell, the chief govt of NBCUniversal and one of many media business’s famend executives, is departing the corporate after an investigation into inappropriate conduct, father or mother firm Comcast introduced Sunday.

In a short assertion, Shell mentioned Sunday can be his final day after what he known as “an inappropriate relationship with a girl within the firm.”

“I’m actually sorry I let my Comcast and NBCUniversal colleagues down, they’re probably the most gifted folks within the enterprise and the chance to work with them the final 19 years has been a privilege,” mentioned Shell, who has been CEO of NBCUniversal since January 2020.

He joins quite a few media business executives who’ve left their posts in recent times over inappropriate relations, together with others at NBCUniversal. Three years in the past, NBCUniversal Vice Chairman Ron Meyer, a Hollywood energy participant, left the corporate after revealing he obtained threats of extortion following a settlement with a girl with whom he had an affair.

And final yr, Jeff Zucker abruptly resigned as president of CNN whereas acknowledging a consensual relationship with one other community govt — an entanglement that surfaced throughout a probe of now-fired anchor Chris Cuomo.

Former CBS Chief Les Moonves resigned in September 2018, simply hours after experiences of a number of allegations of sexual misconduct towards him.

As CEO of NBCUniversal, Shell oversaw the corporate’s portfolio of stories and leisure tv networks, a premiere movement image firm, vital tv and sports activities manufacturing operations and a number one tv stations group, in response to the corporate web site. He additionally oversaw the corporate’s theme parks and a premium ad-supported streaming service.

Beforehand, Shell was chairman of NBCUniversal Movie and Leisure. In that function, he oversaw the content material creation, in addition to the programming and distribution engines behind NBCUniversal’s movie and community tv companies, together with NBC Leisure, Common Filmed Leisure Group (UFEG), Telemundo and NBCUniversal Worldwide.

Comcast didn’t say who will succeed Shell.

Subscribe to Properly Adjusted, our publication full of easy methods to work smarter and stay higher, from the Fortune Properly crew. Join at present.