Jeff Shell, the new CEO of NBCUniversal, announced that the until now president of Telemundo will go on to lead the group’s News division. Conde’s replacement will be announced soon. In addition, he created the TV & Streaming division, headed by Mark Lazarus.
Jeff Shell, CEO of NBCUniversal since January 1, 2020, replacing Steve Burke, continues to modify the company’s executive structure.
This Monday, he announced a major restructuring that divides the media group according to its functions.
On the one hand, Mark Lazarus was named president of the new NBCUniversal Television and Streaming division, under which are Telemundo, NBC Entertainment, the US cable channels (USA, SYFY, Bravo, Oxygen, E! And Universal Kids), international channels and Peacock, the group’s new streaming platform.
On the other, César Conde -until now president of NBCUniversal Telemundo Enterprises and NBCUniversal International Group- was promoted to president of NBCUniversal News Group, a single division that will unite NBC News, MSNBC and CNBC.
The company announced that the replacement of Conde in the presidency of Telemundo and the International division will be announced soon. Meanwhile, the Telemundo team will report to Lazarus, who also became head of the NBC Sports Group.
In his new role, the executive will report directly to Shell.
“César is a highly respected strategic leader, who has been successful in a variety of roles since joining the company in 2013. His most recent role has been President of Telemundo, where he has overseen unprecedented growth. Under his leadership, the network has become the leading Hispanic channel,” said Shel.
“Cesar’s valuable and relevant experience managing television networks and news divisions, combined with his proven integrity and managerial talents, make him the perfect person to lead our news group into the future,” he added.