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.