NBCUni Diversity EVP Paula Madison Stepping DownExecs, Headlines, TV — By hdnetwork on April 12, 2011 at 5:59 am
After playing a critical role in the Comcast-NBCUniversal merger, NBCUniversal’s first – and now chief – diversity officer is moving on to retirement. 58-year-old Executive Vice President Paula Madison served the company for 22 years. Her last day will be May 20, 2011; Madison advises she has been planning for the day “since she was 21.”
From Richard Prince:
An announcement about Madison’s successor will be made “probably in a few weeks,” Nate Kirtman, senior vice president for publicity at NBCUniversal, told Journal-isms.
Madison and her family are majority owners of the Los Angeles Sparks, the Women’s National Basketball Association team, and of the Africa Channel. She is an investor in Broadway Federal Bank, the largest African American bank west of the Mississippi, and has created the Madison Media Fund, a division of Williams Group Holdings that will invest and advise multicultural media, she said.
The agreements secured when Comcast purchased NBCUni included guarantees to ethnically diversify their board and expand their offerings to add cable and independent networks that are partially or wholly owned by people of color.