NBC News Chief Andy Lack out in Corporate Restructuring

NBC News Chief Andy Lack out in Corporate Restructuring
NBC News chairman Andrew Lack in New York. Athena Torri/NBC/AP
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NEW YORK—NBC News chief Andy Lack is out following a corporate restructuring announced on May 4 that places Telemundo executive Cesar Conde in charge of NBC News, MSNBC, and CNBC.

Lack’s departure was revealed when Jeff Shell, the 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.