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COMCAST CORPORATION

(CMCSA)
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Comcast : NBCUniversal Vice Chairman Ron Meyer departs company after disclosing affair

08/18/2020 | 02:09pm EST

Aug 18 (Reuters) - NBCUniversal Vice Chairman Ron Meyer left the Comcast Corp-owned company on Tuesday, after disclosing that he had made a settlement with a woman with whom he had a consensual affair years ago.

In a statement, Meyer said he had been the target of an extortion effort from people who learned of the settlement, which he said he had made under threat.

Meyer, who had been with the company for 25 years and is one of the most powerful figures in Hollywood, said "parties learned of the settlement and have continuously attempted to extort me into paying them money or else they intended to falsely implicate NBCUniversal, which had nothing to do with this matter, and to publish false allegations about me."

He did not give details about the amount of the settlement, or when it was made.

In a statement, NBCUniversal Chief Executive Officer Jeff Shell said: "Late last week Ron Meyer informed NBCUniversal that he had acted in a manner which we believe is not consistent with our company policies or values. Based on Ron's disclosure of these actions, we have mutually concluded that Ron should leave the company, effective immediately." (Reporting by Helen Coster, Editing by Rosalba O'Brien)


© Reuters 2020
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Financials (USD)
Sales 2020 103 B - -
Net income 2020 8 951 M - -
Net Debt 2020 91 349 M - -
P/E ratio 2020 26,6x
Yield 2020 1,77%
Capitalization 236 B 236 B -
EV / Sales 2020 3,20x
EV / Sales 2021 2,89x
Nbr of Employees 190 000
Free-Float 83,1%
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Technical analysis trends COMCAST CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 33
Average target price 52,79 $
Last Close Price 51,69 $
Spread / Highest target 25,7%
Spread / Average Target 2,13%
Spread / Lowest Target -22,6%
EPS Revisions
Managers
NameTitle
Brian L. Roberts Chairman, President & Chief Executive Officer
Michael J. Cavanagh Chief Financial Officer
Jeff Votaw Vice President-Engineering
Kenneth J. Bacon Independent Director
Jeffrey A. Honickman Independent Director
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