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Zucker Out at NBC

By admin Published: September 24, 2010

Jeff Zucker, who almost single-handedly ran NBC into the ground, is leaving the network. From NYTimes.com:

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

The fate of Mr. Zucker, the longest-serving senior manager atNBC, 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 hasever worked for -- a decision he acknowledged . . . was not his own choice -- became inevitable after a meeting two weeks ago with Steve Burke, Comcast's chief operating officer.

Read more here.

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