In a recent article from the WSJ it has been made clear that Comcast Chief Operating Officer Steve Burke informed Jeff Zucker that at the close of the deal they wanted him to leave.
Jeff Zucker has stated that he is at peace with that. Rumor has it that Comcast could announce a new leadership structure in a few weeks.
Mr. Burke has been in charge of integration efforts. People are still unsure if he will be the choice for CEO. Part of the deal with GE is that they have the right to veto up to 2 choices for CEO to replace Mr. Zucker.
Comcast expects to tightly run NBC Universal and these changes to the executive represent that.
Mr. Zucker had just received an extension to his contract through 2013. It is rumored he will receive $7.8 Million to $12.3 Million per year in cash and bonuses, not counting equity rewards.
Mr. Zucker joined NBC straight out of college in 1986, at age 26 he was the executive producer of NBC's Today Show. He is know for expanding that highly profitable franchise.
Comcast has been quoted as saying Mr. Zucker led NBC with "integrity and purpose."
JZ
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