Andy Lack, Nicolle Wallace and Noah Oppenheim at the White House Correspondents' Dinner. Photo: Paul Morigi/NBC News/MSNBC/NBCU Photo Bank/NBCUniversal via Getty Images

NBC News chairman Andy Lack is stepping down and will transition out of the company by the end of May, NBCUniversal announced Monday.

Why it matters: Under Lack, NBC News was accused of attempting to scuttle journalist Ronan Farrow's investigation into allegations of sexual assault against Harvey Weinstein. Farrow also accused Lack of downplaying an internal complaint about a rape allegation against then-host Matt Lauer.

  • Cesar Conde, who currently serves as the chairman of NBCUniversal International Group and NBCUniversal Telemundo Enterprises, will become the chairman of NBC News Group, including MSNBC, CNBC and NBC News.

The big picture: The move comes amid a corporate shakeup at NBCUniversal. Mark Lazarus, chairman of NBCUniversal Television and Streaming, will now lead a newly-formed group which brings together all of NBC's TV and streaming operations.

  • These include NBC Entertainment, Telemundo, NBCU's cable networks like USA, Bravo, Oxygen and others, NBCU's international TV networks and its new streaming service, Peacock.

Be smart: Reports surfaced last week that NBCU was considered major cost-cutting measures amid the coronavirus pandemic, including layoffs. More than 60,000 people are employed at NBCUniversal, which is owned by Comcast.

  • The company has not been immune from challenges during the crisis. NBCU's movie studio, Universal, has had to delay film production and distribution. Cable and broadcast networks, while experiencing record viewership have been hit by advertising market declines.
  • The company's parks and resorts division has essentially come to a halt down due to stay-at-home orders.

Disclosure: NBC is an investor in Axios.

Go deeper

Virtual Emmys address chaotic year for American TV and society

Emmy Host Jimmy Kimmel during rehearsals Friday for the 72nd Annual Emmy Awards at the Staples Center in Los Angeles. Photo: Al Seib/ Los Angeles Times via Getty Images

The Emmy Awards Sunday night addressed the major U.S. issues this year — including the protests on systemic racism and police brutality, the wildfires engulfing parts of the West Coast, the census, the pandemic, essential works and the election.

Why it matters: Award shows have always addressed wider cultural issues, but this year — amid unprecedented stress and uncertainty — that trend has accelerated.

Updated 37 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11:30 p.m. ET: 30,919,638 — Total deaths: 959,332— Total recoveries: 21,152,996Map.
  2. U.S.: Total confirmed cases as of 9:30p.m. ET: 6,799,141 — Total deaths: 199,474 — Total recoveries: 2,590,671 — Total tests: 95,108,559Map.
  3. Politics: Testing czar on Trump's CDC contradictions: "Everybody is right" Ex-FDA chief: Career scientists won't be "easily cowed" by political vaccine pressure.
  4. Education: What we overlooked in the switch to remote learning.
  5. Health: The dwindling chances of eliminating COVID-19 — 7 states set single-day coronavirus case records last week.
  6. World: England sets £10,000 fine for breaking self-isolation rules — The countries painting their pandemic recoveries green.

Arrest over letter to Trump containing poison ricin

President Trump returning to the White House from Minnesota on Sept. 18. Photo: Win McNamee/Getty Images

A suspect was arrested for allegedly "sending a suspicious letter" after law enforcement agents intercepted an envelope addressed to President Trump containing the poison ricin, the FBI confirmed in an emailed statement to Axios Sunday.

Details: The suspect, a woman, was arrested while trying to enter New York from Canada, law enforcement forces said.