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Jeff Shell

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media-and-entertainment5 months ago

Jeff Shell Discusses CBS 10 PM Slot and 'Late Show' Cancellation

Jeff Shell, now overseeing CBS after Skydance's acquisition of Paramount, stated that CBS's 10 p.m. programming remains strong and is not currently being considered for reduction, despite earlier discussions about reallocating resources. He also supported the decision to end The Late Show with Stephen Colbert in 2026, citing the challenges of late-night TV's economic viability due to the shift of viewership to platforms like YouTube.

via Deadline|
#10pm-hour#cbs#jeff-shell
business5 months ago

Paramount's New Era: Leadership, Merger, and Future Vision

Paramount has announced the salaries for its new CEO David Ellison and President Jeff Shell, each set at $3.5 million with additional bonuses, following the company's acquisition of Skydance. The company also disclosed severance payouts to former executives and changes in leadership roles, with Paramount now trading under the ticker PSKY and remaining controlled by the Ellison family.

via Variety|
#business#ceo-salary#david-ellison
business2 years ago

CNBC anchor Hadley Gamble departs following sexual harassment accusations against former NBCUniversal CEO.

CNBC anchor Hadley Gamble, who accused former NBCUniversal CEO Jeff Shell of sexual harassment and sex discrimination, is leaving the company. The news about Gamble’s departure came more than two weeks after Shell left the company following an outside legal counsel investigation into allegations of “inappropriate conduct.”

via NBC News|
#business#cnbc#hadley-gamble
business2 years ago

CNBC Anchor Hadley Gamble Departs After Accusing Former NBCUniversal CEO of Sexual Harassment.

Hadley Gamble, a senior international correspondent and anchor for CNBC, is leaving the network after reporting alleged sexual harassment by former NBCUniversal CEO Jeff Shell. CNBC executives had previously informed Gamble that they were not renewing her contract, which was set to expire this summer. Comcast, NBCUniversal's parent company, hired an outside law firm to investigate Gamble's complaint and found evidence that corroborated her allegations. Shell stepped down in April and will not receive a severance package.

via Los Angeles Times|
#business#cnbc#departure
business2 years ago

CNBC Anchor Hadley Gamble Departs Following Sexual Harassment Accusations Against Former NBCUniversal CEO

CNBC has announced the departure of anchor and senior international correspondent Hadley Gamble, who filed a sexual harassment complaint against former NBCUniversal CEO Jeff Shell. Comcast fired Shell in April after corroborating a female employee's allegations of sexual harassment. Gamble's lawyer confirmed that it was her complaint that led to the probe into Shell.

via CNN|
#business#cnbc#hadley-gamble
business2 years ago

CNBC cuts ties with anchor Hadley Gamble following sexual harassment accusations against NBCUniversal CEO.

Hadley Gamble, anchor and senior international correspondent, is leaving CNBC following the firing of ex-NBCUniversal CEO Jeff Shell, which was prompted by Gamble's complaints of sexual harassment and sex discrimination. Comcast confirmed that Shell had been fired for cause, forfeiting a significant payout. Mike Cavanagh, Comcast president and CFO, is overseeing NBCU in the interim.

via Deadline|
#business#cnbc#hadley-gamble
business2 years ago

CNBC Anchor Departs Following Complaints Against NBCUniversal CEO

Hadley Gamble, a CNBC anchor and senior international correspondent, is leaving the company. Gamble had been part of the headlines involving the business-news outlet’s corporate parent and the ouster of its most recent CEO, Jeff Shell. Comcast, NBCUniversal’s corporate parent, terminated Shell “with cause” after evidence was uncovered that corroborated allegations of inappropriate conduct, including sexual harassment. Gamble has been a distinguished journalist for more than a decade for CNBC, undertaking highly visible and challenging assignments, and developing deep expertise in the Middle East and beyond.

via Variety|
#business#cnbc#departure
business2 years ago

CNBC Anchor Departs Following Allegations Against NBCUniversal CEO

CNBC has announced that it is parting ways with Hadley Gamble, an anchor and senior correspondent who accused former NBCUniversal CEO Jeff Shell of sexual harassment. CNBC and Gamble reached an agreement for her to leave the company. Gamble's complaint led to an investigation that resulted in Shell's firing last month. The complaint also raised allegations of bullying and discrimination at CNBC.

via The New York Times|
#business#cnbc#hadley-gamble
business2 years ago

NBCUniversal CEO ousted over scandal involving Trump donor and CNBC anchor forfeits $43M payout.

A leaked video from 2020 revealed that CNBC reporter Hadley Gamble had a romantic relationship with billionaire Tom Barrack, a prominent Trump backer. The relationship was exposed to her coworkers, sparking murmurs among staffers who questioned why it was never disclosed on air. Gamble's relationship with Barrack prompted a human resources probe at CNBC in 2021, which cleared her of any wrongdoing. The video also raised questions about Gamble's "inappropriate relationship" with ousted NBCUniversal CEO Jeff Shell.

via New York Post |
#business#cnbc#hadley-gamble
business2 years ago

Jeff Shell loses $43 million payout after being fired from NBCUniversal.

Former NBCUniversal CEO Jeff Shell forfeited $43 million in compensation for 2022 after being fired for cause due to an investigation for "inappropriate conduct" and "sexual harassment" of an employee. He will only receive his accrued but unpaid base salary, vested employee benefits, and reimbursement for any unreimbursed business expenses. Shell's compensation for last year included $2.5 million in base pay and a $7.5 million cash bonus. The forfeited compensation includes unvested stock and option awards valued at $10.8 million and unvested stock awards granted in previous years.

via Deadline|
#business#compensation#forfeiture
business2 years ago

Jeff Shell loses $43 million in stock after being fired for cause by Comcast.

Comcast has disclosed the 2022 pay for CEO Brian Roberts and fired NBCUniversal CEO Jeff Shell, who won't receive $43.3 million in unvested and vested stock options after being terminated for cause over an inappropriate relationship with an employee. Comcast also disclosed compensation worth $32.06 million for Roberts. The company's full-year 2022 revenue rose more than 4 percent to $121.4 billion, with consolidated adjusted EBITDA rising 5 percent for the year to $36.5 billion.

via Hollywood Reporter|
#business#ceo-pay#comcast
business2 years ago

Jeff Shell loses $43.3 million in stock after being fired by NBCUniversal.

Former NBCUniversal CEO Jeff Shell lost $43.3 million in stock grants and options after being fired for cause due to an inappropriate relationship with a subordinate. Comcast's 2023 proxy statement revealed that Shell's pay package in 2022 comprised $2.5 million in salary, $6.6 million in stock grants, $4.2 million in options, a $7.5 million bonus, and $202,775 for personal use of company-provided aircraft. Comcast's board's compensation committee had determined annual cash bonus outcomes in February 2023 prior to Shell's firing. NBCUniversal's financial performance was strong in 2022 under Shell's leadership, with revenue up 14.2% to $39.2 billion and adjusted earnings increasing by 4.9% to $6.0 billion.

via Variety|
#business#comcast#jeff-shell
business2 years ago

Comcast CEO acknowledges "tough moment" after Jeff Shell's firing from NBCUniversal.

Comcast CEO Brian Roberts acknowledged that the firing of NBCUniversal CEO Jeff Shell over a sexual harassment complaint was a "tough moment" for the company. Shell was fired after an investigation into a complaint of inappropriate conduct filed by CNBC anchor Hadley Gamble, with whom he had an inappropriate relationship. Comcast President Mike Cavanagh will serve as interim head of NBCUniversal. The company beat Wall Street estimates with reported earnings of $3.83 billion.

via New York Post |
#business#comcast#jeff-shell
business2 years ago

The Fallout from Jeff Shell's Ousting at NBCUniversal.

Comcast CEO Brian Roberts called the ousting of former NBCUniversal CEO Jeff Shell a "tough moment" for the company during its quarterly earnings call. Shell was dismissed following an internal investigation that found he had an "inappropriate relationship" with a female employee. Comcast President Michael Cavanagh will be stepping in as interim CEO of NBCUniversal. Despite slowing broadband user growth and mounting losses within its Peacock streaming service, Comcast reported Q1 earnings that beat on both the top and bottom lines, with revenue growing to $29.69 billion and adjusted EPS coming in at $0.92.

via Yahoo Finance|
#business#comcast#earnings
business2 years ago

The Fallout from Jeff Shell's Ouster at NBCUniversal.

Newly interim NBCUniversal boss Mike Cavanagh has spoken out on the Jeff Shell shocker for the first time and said he’ll be in the post overseeing the entertainment unit “for a while.” Cavanagh, who stepped into the breach this week following Shell’s departure amid sexual harassment and discrimination claims, said it is “unfortunate to have had the unexpected change.” There will be no change in strategy within the parks and studio business for the time being, Cavanagh added. Comcast’s Q1 results showed a 4% year-over-year dip in revenue in the first quarter to $29.7 billion while just exceeding Wall Street forecasts.

via Deadline|
#business#comcast#jeff-shell