NBCUniversal chief Steve Burke says he will step down on January 1, a few months before the company launches its Peacock streaming service
Shell is succceeding NBCUniversal CEO Steve Burke on January 1, a few months before the company launches its Peacock streaming service.Burke, 61, will become chairman for eight months while Shell settles in as CEO. Burke will retire on August 14"following the Summer Olympics in Tokyo," which will be shown on NBC's networks, parent company Comcast said in a press release on Monday.
Read MoreShell will certainly be evaluated by his management of those existing assets, but the launch of Peacock is NBC's top priority while he is taking the reins.NBC is planning a mid-January event to share more information about its plans for the streaming service, which will be NBC's answer to Netflix , Disney+, and other platforms.Burke indicated in a statement on Monday that the leadership transition is amicable.
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