Jeff Shell, Former NBCUniversal CEO, in Talks to Join Sports/Entertainment Equity Firm RedBird

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Former NBUniversal CEO Jeff Schell is in advanced talks to join private equity firm RedBird Capital Partners, a spokeswoman for RedBird Capital Partners told TheWrap. Who was the executive director? He was fired from a C-suite role with NBCU The CNBC anchor is slated to take control of RedBird’s sports and entertainment investment division after accusing him of sexual assault and admitting to an “inappropriate relationship.”

Shell has had a relationship with RedBird founder and managing partner Gerry Cardinale for at least 20 years, according to the Wall Street Journal. Shell helped the company as an informal consultant before parting ways with the company to serve in the new role.

RedBird – which has investments in companies including Ben Affleck and Matt Damon-based Artists Equity – also has partnerships with major sports leagues, including the NFL, as well as regional sports network Yes and entertainment company Skydance Media.

Schell’s time with NBCU ended in April after an investigation into inappropriate workplace behavior found that Schell had an “inappropriate relationship” with a female colleague. After the trip, Comcast President Mike Cavanaugh took over Shell’s responsibilities.

“Today is my last day as CEO of NBCUniversal,” Shell wrote in a memo to employees at the time. “I had an inappropriate relationship with a woman in the company, which I deeply regret. I am very sorry to lose my colleagues at Comcast and NBCUniversal, they are some of the most talented people in the business and I have had the privilege of working with them for the past 19 years.

“We are saddened to share this news with you. We built this company on a culture of honesty. Nothing is more important than how we treat each other,” Kavanagh and Comcast Chairman/CEO Brian Roberts said in a separate note. “You must trust your leaders to create a safe and respectful workplace. We always move quickly to take appropriate action when our principles and policies are violated, as we did here.

After the initial announcement, it was eventually reported that the employee first spotted was CNBC anchor and senior international correspondent Hadley Gamble. It is said that Shell’s relationship with her started 11 years ago and lasted for two years. Prior to becoming CEO of NBCUniversal, Shell was Chairman of NBCUniversal International from 2011 to 2013.

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