NBCUniversal CEO to depart firm after investigation into ‘inappropriate relationship with lady’

(CNN) – Mother or father firm Comcast introduced Sunday that NBCUniversal CEO Jeff Shell is leaving the corporate following an out of doors investigation “right into a criticism of inappropriate conduct.”

Shell will step down with instant impact following an investigation led by exterior counsel.

“At this time is my final day as CEO of NBCUniversal. I had an inappropriate relationship with a lady from the corporate, which I deeply remorse,” Shell mentioned in a press release. “I’m actually sorry I let my colleagues down at Comcast and NBCUniversal, they’re essentially the most proficient folks within the enterprise and it has been a privilege to have labored with them over the previous 19 years.”

The transient assertion didn’t determine who the girl was or embody every other particulars in regards to the investigation. CNN has contacted Comcast and NBCUniversal.

Shell was appointed CEO in January 2020 after main content material creation, programming and distribution for NBCUniversal Movie and Leisure.

Shell expressed confidence in NBC’s Peacock streaming service, which had surpassed 20 million subscribers by the top of 2022 and “practically tripled” its income to $2.1 billion, based on its fourth-quarter earnings report, which closed on the finish of 2022. Its adjusted loss Nonetheless, it was larger.

“There’s little question that the entire TV panorama is altering,” Shell mentioned in an interview Thursday. “Squawk on the Road” on CNBC final October. “When you have the suitable content material and provide a broad distribution platform, your prospects will discover you, and that’s what we do with Peacock.”

Comcast will report its outcomes for the primary quarter on Thursday.