Comcast’s Cesar Conde gets expanded role, will now also oversee NBCUniversal Local & Telemundo
He has also been the chairman of NBC News Group, where he oversees NBC News, MSNBC, and CNBC, since May 2020.
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NBCUniversal is currently going through a C-suite shakeup, with expanded responsibilities to some key executives.
Among them is Cesar Conde, chairman of the NBCUniversal News Group since May 2020. In that role, he oversees NBC News, MSNBC, and CNBC.
Conde is the first Hispanic to lead a major English-language news organization. Gaining oversight of NBCU News Group amid one of the most intense and challenging news cycles in recent history, having to steer the organization during a global pandemic, economic crisis and historical social unrest.
Under his leadership, the NBCU News Group has made substantial investments in digital and streaming, accelerating its leading position across all platforms. It is both the most-watched news organization in the country and also now the number one digital news organization in the U.S. for the first time in its history.
In addition, NBCU News Group has become the only news organization to run three major streaming networks with the launches of TODAY All Day and MSNBC on Peacock.
It was announced earlier this month that Conde will be receiving an expanded role. He will now also oversee NBCUniversal Local, which includes 43 Telemundo stations across the country. Conde will also oversee Telemundo Enterprises, which includes its Entertainment, News, Sports and Studio operations.
After Conde’s expanded role was announced, the United States Hispanic Business Council, put out a statement in celebration.
“Cesar Conde is a proven leader in corporate America and in the media industry … Additionally, as a Board member of both Walmart and PepsiCo., he deeply understands how to win with the fastest growing consumer segments in the country,” said Javier Palomarez, President and CEO of the USHBC.
He continued, “Having spent time in the White House and with various organizations, Cesar understands the importance of ensuring communities have a voice … giving everyone an equal voice will be paramount to our prosperity. I know personally that Cesar understands this, and NBCU’s decision to give him more oversight illustrates that they understand it as well.”
In addition to Conde, Cavanaugh has also given expanded responsibilities to Donna Langley, Mark Lazarus and Mark Woodbury.
Langley, chair of the Universal Filmed Entertainment Group, is now chair of the NBCUniversal studio group & chief content officer, where she will now oversee all content for the company. This includes streaming and TV.
Lazarus will be chairman of the NBCUniversal media group, and oversee advertising and distribution, business operations of the TV networks and streaming platforms, and NBC Sports.
Woodbury, on the other hand, will oversee the company’s theme parks and merchandising businesses.
"This new structure will facilitate a streamlined decision-making process and foster even more collaboration across our company," Comcast president Mike Cavanaugh wrote in a note to staff.
“I’m very excited to work with this team to build on our great momentum and drive NBCU forward,” he concluded.