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 XXXXX DRUDGE REPORT XXXXX FRI JAN 10, 2003 16:02:37 ET XXXXX To: NBC Employees From: Bob Wright As many of you have heard, Andy Lack will be leaving NBC to take on an exciting new opportunity as Chairman and CEO of Sony Music Entertainment. Andy has made significant contributions to NBC's success over the last decade, particularly in leading our News organization to a preeminent industry position. This is an exciting new challenge for Andy, and we wish him all the success in the world. Andy is a talented leader, and I'm sure he will make a tremendous impact at Sony. With Andy's departure, we have an opportunity to reevaluate our organization in order to maximize our strengths as we move forward. As an initial step, effective immediately, Telemundo President Jim McNamara will now report to Jeff Zucker, who in turn will report directly to me. Jeff is a great partner for Jim, given his experience in news and entertainment programming, and his fluency in Spanish. As we do not anticipate filling Andy's position, the remainder of Andy's direct reports will report to me while we continue to evaluate our operational needs. I want to reiterate what I communicated to you earlier this week: We are in terrific shape as an organization, coming off a record-breaking year that exceeded our expectations in nearly every area. This is a testament to the strength of our management team and the skill and dedication of all of you. I am confident that we will continue to perform exceptionally well as we move into the new year. Please join me in thanking Andy for his many contributions to NBC and wishing him all the best. ---------------------------------------------------------- Filed By Matt Drudge Reports are moved when circumstances warrant http://www.drudgereportArchives.com for updates (c)DRUDGE REPORT 2003 Not for reproduction without permission of the author |
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