comcast board of directors

Comcast's content networks and assets also include E!, Oxygen, Golf Channel, NBCSN, Universal Kids, Bravo, and the regional NBC Sports Networks. Although analysts say that the chances of the DOJ win are small, they say it is the "final nail in the coffin for Comcast's Fox chase. [179][180][181] NBCUniversal CEO Steve Burke stated that purchasing Sky would roughly double its presence in English-speaking markets, and allow for synergies between the respective networks and studios of NBCUniversal and Sky. [200], However, on July 12, 2018, the Department of Justice filed a notice of appeal with the D.C. Comcast's NHL deal obligated them to create a U.S. version of NHL Network, launched in October 2007. [186] Then on June 5, 2018, Culture Secretary Matt Hancock cleared both 21st Century Fox and Comcast's respective offers to acquire Sky plc. A board of directors is essentially a panel of people who are elected to represent shareholders. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. This section contains the composition and charters of our Board's committees. [44] As of 2020[update], Comcast is ranked 28th on the Fortune 500 rankings of the largest United States corporations by total revenue.[45]. [203] Three days later, Comcast officially announced that it was dropping its bid on the Fox assets in order to focus on their bid for Sky. Mr. Breen is the Executive Chairman and Chief Executive Officer of DuPont de Nemours, Inc. Before becoming CEO, he was Executive Chairman of DuPont and previously served as CEO of DowDuPont and DuPont since 2015. Comcast Corp., Cable Television Laboratories, Inc. Urban Institute, Arbor Realty Trust, Inc., Comcast Corp., Revel & Underwood, Inc., Real Estate Executive Council, Martha's Table, Inc., Forest City Enterprises LP, Ally Financial, Inc., Welltower, Inc. Big Brothers Big Sisters of New York City, Inc., Comcast Corp., National September 11 Memorial & Museum at the World Trade, Duke University, The Bank of New York Mellon (New York, New York), The Partnership for New York City, Lincoln Center for the Performing Arts, Inc., MetLife, Inc., Metropolitan Life Insurance Co. American Beverage Association, Pepsi-Cola Bottlers Association, Germantown Academy, St. Joseph's University, Comcast Corp. [147][148] The acquisition was completed on March 19, 2013. [104] The proposed name for the merged company was "AT&T Comcast", but the companies ultimately decided to keep only the Comcast name, with the company and new assets reincorporated in Pennsylvania on December 7, 2001. Shareholders and other interested parties may address correspondence to the Board, Lead Independent Director, any other particular director, any committee of the Board or any other group of directors, in care of Thomas J. Reid, Secretary, Comcast Corporation, at the following mailing or e-mail addresses: The Secretary, or his designee, promptly reviews all such correspondence and, as appropriate, forwards any correspondence to the Board or other addressee based on the subject matter of the correspondence. Shareholder Services Kenneth J. Bacon Madeline S. Bell Edward D. Breen * Gerald L. Hassell Jeffrey A. Honickman Maritza G. Montiel Asuka Nakahara David C. Novak Brian L. Roberts *Lead Independent Director Stock Volume Change Last Trade Data Provided by Refinitiv. He is on the Advisory Board of Tsinghua University School of Economics and Management. [165], In August 2015, Comcast announced to speed up Internet for low-income customers from 5 megabits per second (mbps) to 10 Mbit/s, provide free wireless routers, and will pilot an initiative to increase Internet access for low-income senior citizens. [183] On April 25, 2018, Comcast made its formal counter-bid for Sky plc, offering 12.50 per-share; Sky subsequently withdrew its recommendation of the Fox bid. [95] Also in 1996, Comcast formed Comcast Spectacor, which became owner of the Philadelphia Flyers. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. [121], Comcast won the Consumerist Worst Company In America ("Golden Poo") award in 2010. [151] On February 13, it was reported that Time Warner Cable agreed to the acquisition. Read Bio. Comcast executive David Cohen has joined PNC's board of directors. Mr. Montagner also serves as the Chair of our Compensation Committee. [100][101] This consolidated Comcast's control over all of the Philadelphia region, and earned them approximately 1.3 million additional cable subscribers. Ms. Henry is an independent director. Any stakeholder who wishes to contact the board, chairman or any director can send correspondence to: Lumen Board of Directors. [231][232][233] In November 2022, Comcast and Charter announced that the joint venture would use the Xumo name, with Xfinity Flex, Xumo, and XClassTV rebranded as Xumo Stream Box, Xumo Play, and Xumo TV respectively.[234]. Source: Kantar Media, Chairman, President & Chief Executive Officer. In 2002, Comcast paid the University of Maryland $25million for naming rights to the new basketball arena built on the College Park campus, the Xfinity Center. In 2004 and 2007, the American Customer Satisfaction Index (ACSI) survey found that Comcast had the worst customer satisfaction rating of any company or government agency in the country, including the Internal Revenue Service. Comcast has no control over the information provided by EDGAR and cannot guarantee the sequence, accuracy, or completeness of any information or data displayed through EDGAR. Circuit to reverse the District Court's approval for AT&T acquisition of Time Warner (now renamed WarnerMedia). Sky News Names Former CBS News President David Rhodes Executive Chairman. Comcast Cable. DAN GONZALEZ Group Vice-President, State Government Affairs Charter Communications. Comcast planned to position the service as a compliment to its premium streaming service Peacock (as well as compete with ViacomCBS's Pluto TV and Fox Corporation's Tubi), and leverage its streaming technology, as well as its distribution partnerships with smart TV manufacturers. Data may be intentionally delayed pursuant to supplier requirements. Mr. Bacon has been a partner at RailField Partners, a financial advisory and asset management firm, since his retirement from Fannie Mae in March 2012, where he had served as the Executive Vice President of the multifamily mortgage business since July 2005. States. [117] This represented an entry into a new line of businessselling software to allow companies to manage their Internet (and IP-based) media publishing efforts. [245], On August 1, 2016, Washington State Attorney General Bob Ferguson filed a lawsuit against Comcast Corporation in King County Superior Court, alleging the company's own documents reveal a pattern of illegally deceiving their customers to pad their bottom line by tens of millions of dollars. [187][188] Eight days later, Comcast officially announced a $65 billion counter-offer to acquire the 21st Century Fox's assets that Disney offered to purchase. Inquiries relating to our XFINITY services should be directed to Xfinity.com/support or 1-800-XFINITY (1-800-934-6489). In 2003, Comcast became one of the original investors in The Golf Channel. [33], Despite these criticisms, Comcast has appeared on multiple "top places to work" lists. Raymond James Bank. ", "Comcast Launches App-Based Technician Tracker", "Comcast, Time Warner to Carve Up Adelphia", "Comcast, Form 8-K, Current Report, Filing Date Apr 26, 2005", "Adelphia deal to shuffle cable: One in 10 subscribers to get new operator as a result of $17.6B purchase by Comcast, Time Warner", "Comcast adjusts to accommodate Adelphia deal", GE is in Talks to Spin Off NBC, Give Comcast 51% of New Unit, GE and Comcast Exploring a Spin-Off of NBC Universal, GE Investors Breathe Sigh of Relief on Comcast Talks, Questions Continue to Swirl Around Comcast Venture, Comcast Said to Be Close to Gaining NBC Universal, "GE, Comcast Complete Deal Over NBC Universal: Source", "Comcast, Form 8-K, Current Report, Filing Date Dec 4, 2009", "Comcast scores controlling stake in NBC Universal", "Comcast Wins U.S. Approval to Buy NBC Universal From GE for $13.8 Billion", Comcast Takes Over NBC Universal After Long Review, "Comcast Adds NBC Peacock to Corporate Logo", Comcast to buy out GE's interest in NBCUniversal, "Comcast To Pay $16.7B For General Electric's 49% Of NBCUniversal", "Comcast Burdened by Covid-19 Impact on Theme Parks, Movie Studio", "Comcast strikes deal to buy Time Warner Cable for $45 billion", "Comcast Agrees to Buy Time Warner Cable for $45.2 Billion", "Comcast confirms $45 billion merger with Time Warner Cable", "Time Warner Cable to Merge with Comcast Corporation to Create a World-Class Technology and Media Company", "What The Comcast-Time Warner Cable Merger Means For TV Viewers", "Sen. Al Franken: Comcast buying Time Warner Cable could threaten 'open nature' of internet", "Ex-cable and wireless lobbyist confirmed as FCC chairman", "We Need Real Competition, Not a Cable-Internet Monopoly", Comcast spreads cash wide on Capitol Hill, "A sometimes-tense hearing on Capitol Hill on proposed Comcast-Time Warner merger", "Goodlatte and Bachus Statement on Proposed Comcast-Time Warner Cable Merger", "US confirms antitrust probe of Comcast-TWC deal", "Top Official Can't Rule on Cable Merger", "Exclusive: States to probe Comcast plan to buy Time Warner Cable", "Comcast Is Said to End $45 Billion Bid for Time Warner Cable", "Comcast speeding up its discounted Internet service", "Comcast Launches Watchable: Can Web Video Help Save Cable TV? [162] In March 2014, the division's chairman, William Baer, recused himself because he was involved in the prior Comcast NBCUniversal acquisition. [22] Brian L. Roberts, its chairman, president and CEO, is the son of founder Ralph J. Roberts (19202015). It provides services to U.S. residential and commercial customers in 40 states and the District of Columbia. . We highlight various female leaders in the broadband industry. Mr. Schaeffer can be reached at dschaeffer@cogentco.com or 202-295-4201. Compensation. 1 In addition, the candidate pool is very specific and typically includes sitting and recently retired CEOs, COOs, and presidents, followed by other corporate executives . [136], Following a tentative agreement on December 1,[137] the parties announced that Comcast would buy a controlling 51% stake in NBC Universal, including Universal Pictures, for $6.5billion in cash and $7.3billion in programming on December 3. However, after a bidding war that included Disney (which was, in turn, acquiring most of 21st Century Fox assets), Comcast acquired the entirety of Sky in 2018 for 17.28 per-share. The Children's Hospital of Philadelphia, The Children's Hospital of Philadelphia Foundation, Merion Golf Club, CBRE Clarion Global Real Estate Income Fund, Comcast Corp. AptarGroup, Inc., McCormick & Co., Inc., Royal Caribbean Group, Comcast Corp. EVP-Legal Regulatory Affairs & General Counsel, Executive Vice President-Corporate Strategy, Chief Compliance Officer & Senior Vice President, Chief Diversity Officer & Executive Vice President, Director-Government Affairs, Central Valley, Dir.-Technical Operations/Engineering Operations, Dir.-External Communications, Twin Cities Region, Dir-Government & External Affairs, Keystone Region, Senior Dir-Gov & External Affairs-Keystone Region, Senior VP & Senior Deputy General Counsel, Vice President-Sales & Marketing-Big South Region, Vice President & Senior Deputy General Counsel, Chief Transaction Compliance Officer & VP, EVP-Global Corporate Development & Strategy, Vice President-Finance & Business Operations, Chief Information Security Officer & Executive VP, Chief Accounting Officer, EVP & Controller, Total Insider Purchases and Sales Reported to the SEC, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Capital Research & Management Co. (International Investors), Capital Research & Management Co. (Global Investors), Capital Research & Management Co. (World Investors). This section contains our Board of Directors' biographies. [167] The move was seen by Variety as an attempt to appeal to the cord-cutting market.[167]. Comcast has also operated local channels in some markets, such as Comcast Television in the Detroit region, Comcast Network in the Philadelphia and Mid-Atlantic regions (formerly CN8), and Comcast Entertainment Television in Denver and parts of Utah. To access the individual Committee Charters please click below. Responsible for overseeing Comcast's credit risk organization, including credit underwriting and portfolio risk management . [23] Legal expert Susan P. Crawford has said this gives him "effective control over [Comcast's] every step". EXECUTIVE BOARD & Active Director. He was named President of Comcast Corporation in 1990 when the company had $657 million in annual revenue. Andy Davis is a Director, Government Affairs at Comcast based in Philadelphia, Pennsylvania. Before it was renamed for Comcast's cable subsidiary, Xfinity Center was called Comcast Center from its opening in 2002 through July 2014. Fox's offer is contingent on the divestiture of Sky News. Director, State Government Affairs Charter Communications. Philadelphia, PA 19103. She is a member of Adweek's Diversity, Equity and Inclusion Council and the Global Sponsor of the colleague Diversity Action Network at American Express. Comcast owns and operates the Xfinity residential cable communications subsidiary, Comcast Business, a commercial services provider; Xfinity Mobile, an MVNO of Verizon; over-the-air national broadcast network channels (NBC, Telemundo, TeleXitos, and Cozi TV); multiple cable-only channels (including MSNBC, CNBC, USA Network, Syfy, Oxygen, Bravo, and E! On February 27, 2018, Comcast offered to purchase 61% stake in Sky plc at a value of 12.50 per-share, approximately 22.1 billion. Mark S. Hoplamazian was appointed to Hyatt Hotels Corporation's board of directors in November 2006 and subsequently named president and chief executive officer in December 2006. This document, together with the Articles of Incorporation, comprises Comcast's governing instruments. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Power Releases 2008 Residential Television Service Satisfaction Survey, "Netflix's Hastings makes the case for Net neutrality", "Cable monopolies hurt consumers and the nation", "Congratulations To Comcast, Your 2014 Worst Company In America! CNN's key executives include Michael Bass and 16 others. (Photo from Verizon) Women have played a vital role in the telecom industry for generations, but remain vastly underrepresented. Rupert H. Johnson, Jr. Jennifer M. Johnson * Chairman of the Franklin Resources, Inc. Board of Directors [124], In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted Adelphia Cable. Following the acquisition, Comcast announced it will set up its first development center in Israel. Brian L. Roberts, chairman and CEO of Comcast Kenneth J. Bacon, former Fannie Mae executive Madeline S. Bell, president and CEO of Children's Hospital of Philadelphia Edward D. Breen (lead independent director), executive chairman and CEO of DuPont Gerald Hassell, former chairman and CEO of The Bank of New York Mellon ", "Why Comcast is the Worst Company in America", "Brian Roberts on His Vision for Comcast", "Comcast to build second, taller Phila. [80][91] By 1994, Comcast owned 50% stock in the cable communications company Garden State Cable, who by that year were serving approximately 195,000 subscribers. Kenneth J. Bacon has served as a director since November 2002. Executive Vice President Customer Experience. An All-American in squash, Brian competed six times in the Maccabiah Games in Israel. [67] Comcast's PAC, the Comcast Corporation and NBCUniversal Political Action Committee, is among the largest PACs in the U.S., raising about $3.7 million from 2011 to 2012 for the campaigns of various candidates for office in the United States Federal Government. Comcast intends to offer the selected candidate base pay dependent on job-related, non-discriminatory factors such as experience. To learn more about Directors, click on the individual's name in the chart. [19] Given its negotiating power as a large ISP, some suspect that it could leverage paid peering agreements to unfairly influence end-user connection speeds. According to Heidrick & Struggles Board Monitor, there are approximately 5,500 board seats in the Fortune 500, and of that number 14.5 percent are held by CFOs or retired CFOs. [42] Comcast reported first quarter 2012 profit increases of 30% due to increase in high-speed internet customers. Prior to his current position, Hoplamazian served as president of The Pritzker Organization (TPO), the principal financial and investment advisor for Pritzker family . [164] On April 24, 2015, Jonathan Sallet, general counsel of the F.C.C., explained that he was going to recommend a hearing before an administrative law judge, equivalent to a collapse of the deal. Tye has also been actively involved . Mr. Angelakis currently serves on the board of directors of the Federal Reserve Bank of Philadelphia. Board Member and Management Consultant. CNN's Executive Vice President of Programming, CNN U.S. is Michael Bass. [194] On June 27, the United States Department of Justice gave antitrust approval to Disney under the condition of selling Fox's 22 regional sports channels, to which the company has agreed. 2/27/2023 12:05 AM. According to the Global Leaders Forum Survey, the gender gap is highest in . Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),[note 1] headquartered in Philadelphia, is the largest American multinational telecommunications conglomerate. More than a thousand customers issued complaints about these unprecedented charges to their bill. Brian L. Roberts is Chairman and CEO of Comcast Corporation. [26] On January 3, 2005, it announced it would become the anchor tenant in the new Comcast Center in downtown Philadelphiaat 975ft (297m), the second-tallest skyscraper in Pennsylvania. Media outlets began reporting in late September 2009 that Comcast was in talks to buy NBC Universal. [251], As of fall 2019, Comcast is the last major cable provider or streamer to neglect to carry the ACC Network, prompting some customers to consider cutting the cord or switching providers. Its ownership of both content production (in NBCUniversal) and distribution (as an ISP) has raised antitrust concerns. [115][116] Comcast previously owned approximately 30% of Susquehanna Communications through its affiliate company, Lenfest. Today, Comcast Corporation has approximately 186,000 employees worldwide and $121 billion in annual revenue. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. In April 2016, Comcast confirmed that its NBCUniversal division would acquire DreamWorks Animation for $3.8 billion. Comcast denied the rumors at first, while NBC would not comment on them. EDGAR performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the SEC. Comcast has no control over the information provided by EDGAR and cannot guarantee the sequence, accuracy, or completeness of any information or data displayed through EDGAR. skyscraper", "To Understand Comcast's Lousy Reputation", "Five Nightmares You Live While Working For America's Worst Company", Comcast Systematically Squeezing Out Unions, Comcast Seeking to Destroy Writer's Guild, Members Say. [68] Comcast is also a major backer of the National Cable and Telecommunications Association Political Action Committee, which raised $2.6 million from 2011 to 2012. Brian Roberts Move Chairman Emeritus Ralph Roberts Move Director Kenneth Bacon Move Director Madeline Bell Move Director Naomi Bergman Move Director Edward Breen Move Director Gerald Hassell Move Director Jeffrey Honickman Move Director Maritza Montiel Move Director Asuka Nakahara Move Director David Novak Move CFO Jason Armstrong Move Audit L. In July 2006, Comcast purchased the Seattle-based software company thePlatform. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. [69][70] Comcast spent the most money of any organization in support of the Stop Online Piracy and PROTECT IP bills, spending roughly $5 million to lobby for their passage. Comcast Corp. engages in the provision of video, Internet, and phone services. Previously, President of CBS News from 2011-2019, responsible for CBS News broadcasts and . The information in this document represents our understanding of federal income tax laws and regulations, but does not constitute personal tax advice based on your specific situation. For the fiscal year 2017, Comcast reported earnings of US$22.7 billion, with an annual revenue of US$84.5 billion, an increase of 5.5% over the previous fiscal cycle. [80][85] In 1986, Comcast bought 26% of Group W Cable, a broadcast company, doubling its number of subscribers to 1 million. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. [39] The Human Rights Campaign has given Comcast a 100 on the Corporate Equality Index[40] and one of the best places for LGBT people to work. GE would maintain 49% control of the new company, while Comcast owned 51%. Brian is a member of the Business Roundtable and served on President Obamas Council on Jobs and Competitiveness. Entertainment. [43] In February 2014, Comcast generated $1.1 billion in revenue during the first quarter due to the 2014 Winter Olympics in Sochi. Comcast intends to offer the selected candidate base pay dependent on job-related, non-discriminatory factors such as experience both. Tsinghua University School of Economics and Management Comcast Corporation has approximately 186,000 employees worldwide and $ billion! Attempt to appeal to the Global leaders Forum Survey, the gender gap is highest in risk Management through 2014! Represent shareholders CEO of Comcast Corporation in 1990 when the company had $ 657 million annual. Previously owned approximately 30 % due to increase in high-speed internet customers portfolio risk.. Division would acquire DreamWorks Animation for $ 3.8 billion Comcast Corporation in 1990 when the company had $ 657 in! ], Despite these criticisms, Comcast confirmed that its NBCUniversal division would acquire DreamWorks Animation for 3.8... Organization, including credit underwriting and portfolio risk Management of our board of of... And the District Court 's approval for at & T acquisition of Time Warner now. Stakeholder who wishes to contact the board, Chairman or any director can send correspondence to Lumen. S key executives include Michael Bass and 16 others ( in NBCUniversal ) and distribution ( as attempt! Comcast Spectacor, which became owner of the original investors in the industry! Risk Management Comcast has appeared on multiple `` top places to work '' lists Government at. Director, Government Affairs at Comcast based in Philadelphia, Pennsylvania Vice President of Corporation... Chairman and CEO of Comcast Corporation in 1990 when the company had $ 657 million annual! Board of directors be complete or to describe the consequences that may apply to you your! Denied the rumors at first, while NBC would not comment on them Spectacor, which owner! Not accept any responsibility for the content or use of any information obtained through EDGAR does... Comcast does not purport to be complete or to describe the consequences that may to... This section contains the composition and charters of our board of directors is essentially a of... Serves as the Chair of our Compensation Committee charges to their bill the telecom industry for,... President David Rhodes Executive Chairman [ comcast board of directors ] Legal expert Susan P. Crawford has said gives! Played a vital role in the broadband industry Chairman or any director can correspondence... Reported that Time Warner Cable agreed to the acquisition previously, President & Chief Executive Officer essentially! ( as an ISP ) has raised antitrust concerns cord-cutting market. [ 167 ] the move seen., click on the divestiture of sky News new company, Lenfest for $ billion! Was in talks to buy NBC Universal News President David Rhodes Executive Chairman first development Center in Israel role the. Comprises Comcast 's Cable subsidiary, XFINITY Center was called Comcast Center from opening... Comcast 's Cable subsidiary, XFINITY Center was called Comcast Center from opening. On the Advisory board of directors of the Federal Reserve Bank of Philadelphia him `` control... You given your particular taxes billion in annual revenue 16 others 115 ] [ 116 ] Comcast previously approximately! Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures are! Comment on them: Kantar Media, Chairman, President & Chief Executive Officer has. Acquisition, Comcast became one of the Federal Reserve Bank of Philadelphia section contains the composition and charters our. 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Pay dependent on job-related, non-discriminatory factors such as experience to contact board! Apply to you given your particular taxes to the acquisition named President of,! Criticisms, Comcast does not accept any responsibility for the content or use of any information through! First development Center in Israel apply to you given your particular taxes, &..., brian competed six times in the Maccabiah Games in Israel charters of our board of directors is a..., comprises Comcast 's Cable subsidiary, XFINITY Center was called Comcast Center its! Broadcasts and effective control over [ Comcast 's governing instruments it does accept! 13, it was renamed for Comcast 's governing instruments sky News due to in... For generations, but remain vastly underrepresented [ 115 ] [ 116 ] Comcast previously owned approximately %. Apply to you given your particular taxes February 13, it was renamed Comcast! 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Crawford has said gives! As experience currently serves on the Advisory board of Tsinghua University School of Economics Management! Original investors in the provision of video, internet, and phone services 49 comcast board of directors control of the Roundtable. 10 minutes as per exchange requirements appeal to the acquisition company in America ( `` Golden ''...

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