NBCUniversal Names New CFO

Vasant Prabhu, chief financial officer of Starwood Hotels & Resorts Worldwide, has joined NBCU as CFO and member of the executive committee. He will report to NBCU CEO Stephen Burke.

Prabhu, who joins the company June 1, succeeds Stuart Epstein, who has left the company. He will also oversee operations and technical services, including physical plant, corporate services, and information technology.

"Vasant is an extremely accomplished and well respected executive and having him on board is a major win for NBCUniversal," said Burke in a statement. "Our company is performing very well but there is still a great deal we want to achieve. Having spent a considerable amount of time with Vasant, I am confident that he will play a vital and highly valuable role for NBCUniversal."

Prabhu's resume also includes CFO at Safeway, president, information and media group, for McGraw-Hill, which included its TV stations, PepsiCo and consulting firm Booz, Allen & Hamilton.

John Eggerton

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.