NBCUniversal shuffles management, News Group's Andy Lack to step down
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Price: $25.20 +0.12%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.2%
EPS Growth %: -10.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.2%
EPS Growth %: -10.7%
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(Reuters) - Comcast Corp's (NASDAQ: CMCSA) NBCUniversal announced a management shuffle on Monday, consolidating the entertainment and sports division under Mark Lazarus, chairman of TV and streaming.
As part of the management changes, news group head Andy Lack will step down and leave the company at the end of the month.
Telemundo head Cesar Conde will now oversee the news group, which includes NBC News, MSNBC and CNBC.
(Reporting by Kenneth Li in New York; Editing by Sandra Maler)
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