(Updates with share price in fifth paragraph.)
Nov. 18 (Bloomberg) -- Marc Graboff, president of west coast business operations for NBC Entertainment, is leaving the company after 11 years, continuing the network’s leadership transition under new owner Comcast Corp.
Graboff, who oversaw business and production-related operations for NBC and for Universal Media Studios, is departing amicably, NBC Universal said today. He won’t be going to another network, NBC said.
NBC Entertainment was placed under the leadership of former Showtime executive Bob Greenblatt after Comcast took control of parent NBC Universal in January. Graboff decided to depart now because the transition is complete, according to a network spokesman.
Graboff, 55, didn’t respond to e-mail and phone requests for comment.
Comcast, the largest U.S. cable-TV company, rose 0.9 percent to $21.43 at the close in New York today. Shares of the Philadelphia-based company have declined 2.5 percent this year.
--Editors: Rob Golum, Anthony Palazzo
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