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Ousted NBCUniversal CEO Jeff Shell is losing a massive payday after being fired with cause following a sexual harassment complaint from CNBC anchor Hadley Gamble.
Company President Mike Cavanagh, who's taking on direct oversight of NBCUniversal, saw his pay rise to $40.5 million
The executive was fired for cause last Sunday.
The Business breaks down media’s week of upheaval, including the NBCUniversal scandal, Disney vs. DeSantis, Fox firing Tucker Carlson, and looming strikes.
Comcast says his stock options and grants were forfeited upon his termination