Regrets, regrets, and MORE REGRETS!

FRIDAY WRAP | 04.21.23

Story of the Week: Fox News-Dominion Settlement: Fox Not Required To Apologize For False Election Claims, Company Says

Goodliest of the Week: State Abortion Bans May Affect Where Americans Attend College, Poll Finds—Even Republicans

Assholiest of the Week: Andi Owen

Exhaustingest of the Week: Walgreens Employee Shoots Pregnant Shoplifting Suspect, Might Get Away With It Because TN Is So 'Pro-Life'

BOARD SABERMETRICS STORY OF THE WEEK…

CEO Regrets!

NBCUniversal CEO, Jeff Shell, is stepping down following an 'inappropriate relationship' with a colleague.

"I had an inappropriate relationship with a woman in the company, which I deeply regret. I'm truly sorry I let my Comcast and NBCUniversal colleagues down, they are the most talented people in the business and the opportunity to work with them the last 19 years has been a privilege."

Comcast, the owner of NBCUniversal, is run by Lord of the Family Firm (and CEO), Brian Roberts, who reported being “disappointed” to share the news. If you’re new around here, a company is deemed a family firm when a founder's family maintains at least 10% of control over the company and at least one seat on the board.

Roberts’s Board Sabermetrics stats:

• Roberts owns all of the Class B common stock, which is entitled to 15 votes per share (Class A common stock is entitled to 0.0634 votes per share)
• He owns 1% of outstanding shares but controls 35% of the vote
• Roberts has an influence score of 72%

Despite being a family firm, there is one non-family-member high achiever on the Comcast board: Naomi Bergman. One of the ways that we use Board Sabermetrics to evaluate performance is by assigning a batting average to directors. A director’s batting average measures how the individual performs across four metrics, relative to their board member peers:

• Earnings over the past 5 years
• TSR
• Carbon
• Controversial business activity

Bergman’s overall batting average is .573, which makes her a Starter! Driving her above-average number is a team-best of .896 in controversies whereas the rest of the team averages .137.

Why is she winning? Simple: she hasn’t been on the Comcast board long enough to have one of the worst controversial business records in the S&P 500! Nevertheless, keep up the good work, Naomi.

Want fresh and awesome insights? Buy Board Sabermetrics today!

MEANWHILE, ON STAGE…

In honor of Tucker Carlson’s breakup with Fox News , we’re throwing it back to one of our favorite Corporate Theater sketches.

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