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NBC News and MSNBC Chairman Andy Lack will leave NBCUniversal at the end of the month as part of a wider restructuring that will place Telemundo Chairman Cesar Conde in charge of the company’s news outlets.
As part of the reorganization, Mark Lazarus, the Chairman of NBCUniversal Broadcast, Cable, Sports, and News, will oversee new departments including Telemundo and Peacock as he takes on a new role of Chairman of NBCUniversal Television and Streaming.
Lack first joined NBC in 1993 as the President of NBC News, but initially left the company in 2003 to serve as the Chairman and CEO of Sony Music Entertainment. Lack joined Bloomberg Media Group in 2008, where he served as the company’s CEO until he returned to NBC in 2015.
Conde joined NBCUniversal in 2013 as the Chairman of NBCUniversal International Group and NBCUniversal Telemundo Enterprises where he spearheaded the company’s expansion outside of North America. Prior to that was an executive at Univision for 10 years, where he served as the company’s President from 2009 to 2013. Additionally, Conde was a White House Fellow for Secretary of State Colin Powell from 2002 to 2003.
Conde will report directly to NBCUniversal CEO Jeff Shell and will oversee the consolidated news unit in the newly created role of Chairman of NBCUniversal News Group, which includes NBC News, MSNBC, and CNBC.
Shell stated, “Cesar’s valuable and relevant experience leading broadcast networks and news divisions, combined with his high degree of integrity and proven management skills, make him the right person to lead our news group into the future.”
The consolidation of NBCUniversial’s news outlets under a single executive could help streamline the company’s operations as it positions itself for the future. Just last month, NBCUniversial joined many of its competitors by launching its own media streaming service, called Peacock.