Ron Meyer is staying with NBCUniversal for a long time to come. The veteran executive has signed a contract to remain vice chairman of NBC Universal for an additional five years. His contract was set to expire in 2017.
Meyer, along with studio chair Donna Langley and Jeff Shell, chairman of the Universal Filmed Entertainment Group, are credited with Universal’s surge to No. 1 at the box office in 2015, pulling in $6.7 billion in receipts. The studio’s hits include Jurassic World, Furious 7, Minions, Pitch Perfect 2, Fifty Shades of Grey and Straight Outta’ Compton. As vice chairman, Meyer is responsible for overseeing the company’s theme parks and the studio.
In January 2014, Langley extended her contract through 2017. She reports to Universal Filmed Entertainment chairman Jeff Shell, whom Comcast installed as head of Universal Studios in 2013 as part of a shakeup that saw Universal Pictures chairman Adam Fogelson ousted and Langley upped to sole chairman. That’s when Meyer was named NBCUniversal vice chairman.
Meyer has survived several regime changes since being named president and CEO Universal Studios in 1995. He co-founded CAA with Michael Ovitz.