Jeff Shell Won’t Get $43M In Stock After Being Fired For Cause By Comcast

Jeff Shell Won’t Get $43M In Comcast Stock After Being Fired For Cause

Notably, however, was the money that Shell won’t receive after being terminated for cause over an inappropriate relationship with an employee. “Upon his termination, all unvested PSUs and RSUs and all vested and unvested stock options, which had an estimated fair value of $43.

3 million as of the termination date, were forfeited and canceled,” Comcast disclosed in a filing on Friday.for what the company described as “inappropriate conduct with a female employee, including allegations of sexual harassment.” Shell was paid $10 million in 2022 from his salary and cash bonus. He was paid $21.6 million in 2021 and $16.5 million in 2020.

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