Friday, September 24, 2010

News Alert: Zucker Announces Departure From NBC

Breaking News Alert
The New York Times
Fri, September 24, 2010 -- 11:12 AM ET
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Zucker Announces Departure From NBC

Jeff Zucker, the chief executive of NBC Universal, told the
company's employees in an e-mail Friday morning that he will
step down from his position upon the completion of the
takeover of NBC by Comcast.

The fate of Mr. Zucker, the longest-serving senior manager at
NBC, has been the subject of widespread speculation since
Comcast agreed last December to purchase 51 per cent of NBCU
from its long-time corporate owner, General Electric. The
deal is expected to close at the end of the year, following
regulatory approval.

In an interview in NBC's executive offices, Mr. Zucker, who
is 45, said the decision to leave the only employer he has
ever worked for -- a decision he acknowledged he was not his
own choice -- became inevitable after a meeting two weeks ago
with Steve Burke, Comcast's chief operating officer.

Read More:
http://mediadecoder.blogs.nytimes.com/2010/09/24/zucker-announces-departure-from-nbc/?emc=na

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