“It ain’t good.”
That’s the reaction from one former television executive to advertising powerhouse Linda Yaccarino’s abrupt exit from NBCUniversal to become Twitter’s new CEO. It signals more turmoil for Comcast’s media arm, just three days before the company’s crucial upfronts presentation. On top of NBCUniversal CEO Jeff Shell’s recent ouster, the latest wave of corporate turmoil flooding 30 Rock feels like it’s straight out of an episode of “Succession.”
Twitter CEO Elon Musk surprised the industry Friday when he announced Yaccarino as his successor in the top role at the struggling social media company. Earlier that day, NBCUniversal said that Yaccarino would be stepping down as its chairman of global advertising and partnerships.