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NСƵUniversal CEO Shell departs over ‘inappropriate conduct’

NEW YORK (AP) — Jeff Shell, the chief executive of NСƵUniversal and one of the media industry's renowned executives, is departing the company after an investigation into inappropriate conduct, parent company Comcast announced Sunday.
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FILE - Jeff Shell poses for a picture at the 2014 LA's Promise Gala, Tuesday, Sept. 30, 2014, in Universal City, Calif. Shell, the chief executive of NСƵUniversal, is departing the company after an investigation into inappropriate conduct, Comcast announced Sunday, April 23, 2023. (Photo by Rob Latour/Invision/AP, File)

NEW YORK (AP) — Jeff Shell, the chief executive of NСƵUniversal and one of the media industry's renowned executives, is departing the company after an investigation into inappropriate conduct, parent company Comcast announced Sunday.

In a brief statement, Shell said Sunday would be his last day after what he called “an inappropriate relationship with a woman in the company."

“I’m truly sorry I let my Comcast and NСƵUniversal 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,” said Shell, who has been CEO of NСƵUniversal since January 2020.

He joins a number of media industry executives who have left their posts in recent years over inappropriate relations, including others at NСƵUniversal. Three years ago, NСƵUniversal Vice Chairman , a Hollywood power player, left the company after revealing he received threats of extortion following a settlement with a woman with whom he had an affair.

And last year, abruptly resigned as president of CNN while acknowledging a consensual relationship with another network executive — an entanglement that surfaced during a probe of now-fired anchor Chris Cuomo.

Former CBS Chief resigned in September 2018, just hours after reports of multiple allegations of sexual misconduct against him.

As CEO of NСƵUniversal, Shell oversaw the company’s portfolio of news and entertainment television networks, a premiere motion picture company, significant television and sports production operations and a leading television stations group, according to the company website. He also oversaw the company’s theme parks and a premium ad-supported streaming service.

Previously, Shell was chairman of NСƵUniversal Film and Entertainment. In that role, he oversaw the content creation, as well as the programming and distribution engines behind NСƵUniversal’s film and network television businesses, including NСƵ Entertainment, Universal Filmed Entertainment Group (UFEG), Telemundo and NСƵUniversal International.

Comcast did not say who will succeed Shell.

The company is slated to report its first-quarter earnings results on Thursday.

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This story has been corrected to show that Shell was not ousted from NСƵUniversal, but is leaving as part of a mutual agreement with the company.

Anne D'innocenzio And Jake Coyle, The Associated Press