Comcast has agreed to mutually part ways with NBCUniversal CEO Jeff Shell over "inappropriate conduct," the company said Sunday. In a joint statement, Shell admitted to having an "inappropriate relationship with a woman in the company."
Why it matters: Shell had been CEO of NBCU since 2020, but had been with the company since 2013 and worked for its parent Comcast since 2009. Comcast acquired NBCU in 2011.