Comcast CEO Brian Roberts kicked off the company’s first-quarter earnings call by acknowledging the abrupt dismissal of NBCUniversal chief Jeff Shell last Sunday. “Let me just acknowled…
“Let me just acknowledge the news that you all saw earlier this week — obviously a tough moment,” he said of the exec’s ouster amid sexual harassment and discrimination claims. “But we are so fortunate to have the fabulous and tenured leadership team at NBCUniversal. If you go down the list, you’ll see many of them have been leading their divisions within the company for at least 10 years and are truly the best in the business.
Mike Cavanagh, president of Comcast, has assumed Shell’s duties on an interim basis. Roberts said the company is “lucky” to have Cavanagh in that spot. He was promoted to president just last fall, becoming the only exec to hold the title apart from Roberts and his father, company founder Ralph Roberts.
Cavanagh and CFO Jason Armstrong will lead earnings calls with Wall Street analysts for the foreseeable future, Roberts announced. Shell had risen through the ranks at the company to become CEO of NBCU in 2020, succeeding Steve Burke. He acknowledged having had an “inappropriate relationship” with a female employee, with the company then emphasizing that it had let Shell go with cause due to complaints of sexual harassment and discrimination.
The comments from Roberts followed the release of first-quarter financial results. While revenue slipped 4%, it beat Wall Street expectations, as did earnings per share of 92 cents. Shell’s exit comes as NBCU is facing a complex operating environment and a number of strategic decisions. Like its media peers, it is looking to balance investments in streaming with declining traditional networks.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Comcast Chief Brian Roberts Skirts Jeff Shell Ouster on Q1 Earnings Call: ‘Obviously a Tough Moment’Top Comcast execs made their first public comments on the departure of NBCUniversal CEO Jeff Shell Thursday, remarks that came as the company reported its Q1 earnings results. Comcast CEO Brian Rob…
続きを読む »
NBCUniversal Revenues Fall, Peacock’s Loss Top $704M in First QuarterBrian Roberts, Chairman and CEO of NBCU parent Comcast, is expected to field questions on his analyst call today about the recent firing of NBCU CEO Jeff Shell over a harassment claim.
続きを読む »
Leading edge AI company moves from San Francisco to Allen - CEO SpotlightMelissa Solis, CEO of Ibenta, joins David Johnson on today's CEO Spotlight.
続きを読む »
Pioneer Natural CEO Scott Sheffield to retire, COO Dealy to become shale company’s next CEOShares of Pioneer Natural Resources Co. fell more than 2% in the extended session Wednesday after the exploration and production company said that its board...
続きを読む »
Consensus 2023: Franklin Templeton CEO Discusses the Future of Finance; Ledger CEO on Hard Wallet AdoptionWith about $1.4 trillion assets under management, Franklin Templeton said its OnChain U.S. Government Money Market Fund (FOBXX) is now supported on Ethereum via layer 2 blockchain Polygon. Franklin Templeton CEO and President Jenny Johnson joins the conversation. Plus, Ledger CEO Pascal Gauthier weighs in on the current state of hard wallet adoption in the wake of FTX's implosion. Other special guests include Bitcoin Educator Dan Held, Future Perfect Ventures founder Jalak Jobanputra, and DARMA Capital Managing Partner Andrew Keys.
続きを読む »
Comcast Boosts Q1 Profit Despite Slowing Broadband, Ad Sales; Peacock U.S. Subs Rise to 22 MillionComcast said it managed to boost profit during its fiscal first quarter even as it navigated a dip in media advertising and slowing growth among broadband subscribers, yet boosted U.S. subscribers …
続きを読む »