NEW YORK – NBC News chief Andy Lack is out following a corporate restructuring announced Monday that places Telemundo executive Cesar Conde in charge of NBC News, MSNBC and CNBC.
Lack's departure was revealed when Jeff Shell, new NBC Universal CEO, outlined a new corporate governance plan. Besides Conde's elevation, Shell is giving broad new powers over NBC's entertainment properties to Mark Lazarus, who has overseen NBC Sports.
The 72-year-old Lack has had two runs as head of NBC News, the first as NBC News president from 1993 to 2001, and he rejoined the company as news chairman in 2015.
NBC News' flagships, “NBC Nightly News” and “Today,” generally run second to ABC in viewership but are stronger among the lucrative young advertising