NBC News chief Andy Lack out in corporate restructuring
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. NBC News' flagships, “NBC Nightly News” and “Today,” generally run second to ABC in viewership but are stronger among the lucrative young advertising demographic. Conde's appointment as chairman of the NBC Universal News Group puts him in charge of NBC News, MSNBC and CNBC. The individual presidents, Noah Oppenheim at NBC News, Phil Griffin at MSNBC, and Mark Hoffman at CNBC, remain.