Jeff Shell, the ousted CEO of NBCUniversal, forfeited compensation valued at $43 million for 2022 after being fired for cause last Sunday. “As previously disclosed, Mr. Shell’s employment was…
, the ousted CEO of NBCUniversal, forfeited compensation valued at $43 million for 2022 after being fired for cause last Sunday.
“As previously disclosed, Mr. Shell’s employment was terminated with cause on April 23, 2023. As a result, he did not receive any supplemental payments or benefits in connection with his termination. He will receive only his accrued but unpaid base salary and vacation time, vested employee benefits and reimbursement for any unreimbursed business expenses in accordance with his employment agreement.
He was let go after an investigation for “inappropriate conduct” and “sexual harassment” of an employee, the company said. Deadline More to come…
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