He served as President and Chief Executive Officer of the Company from 2006 - 2020. [130] However, CNBC itself reported on October 1 that General Electric was considering spinning NBC Universal off into a separate company that would merge the NBC television network and its cable properties such as USA Network, Syfy and MSNBC, as well as Universal Studios, with Comcast's content assets. Comcast was also ordered to disclose the full amounts customers will be charged for using their services on their advertisements. [98] Also in 1999, Comcast acquired Greater Philadelphia Cablevision,[99] and launched Comcast University as well as Comcast Interactive Capital Group. CNN's key executives include Michael Bass and 16 others. International stock quotes are delayed as per exchange requirements. On August 22, 2016, NBCUniversal bought DreamWorks Animation along with its major IP, including Shrek, How to Train Your Dragon, Kung Fu Panda, Trolls, and Madagascar and Big Idea Entertainment owning its famous Christian computer animated direct-to-video franchise VeggieTales. Based in London for Sky (skygroup.sky), Europe's leading direct-to-consumer media and entertainment company, a division of Comcast-NBCUniversal. [80] By December 31, 1997, it was available in the Philadelphia, Detroit, Baltimore, Orange County, California, Sarasota and Union, New Jersey areas. Previously, President of CBS News from 2011-2019, responsible for CBS News broadcasts and . 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. [239], Comcast spends millions of dollars annually on lobbying. Alyssa H. Henry joined Intel Corporation's board of directors in January 2020. [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. Corporate Brian L. Roberts Chairman & Chief Executive Officer View Bio Jason S. Armstrong Chief Financial Officer & Treasurer View Bio Lisa Bonnell Executive Vice President, Comcast Global Audit & General Auditor View Bio Francis M. Buono Executive Vice President, Legal Regulatory Affairs & Senior Deputy General Counsel View Bio [209], Comcast Cable, which goes by the brand name Xfinity, provides cable television, broadband internet, and home telephone services. Comcast's NHL deal obligated them to create a U.S. version of NHL Network, launched in October 2007. Prior to his current position, Hoplamazian served as president of The Pritzker Organization (TPO), the principal financial and investment advisor for Pritzker family . The quarterly dividend is payable on January 26, 2022 to shareholders of record as of the close of business on January 5, 2022.. To automatically receive Comcast financial news by e-mail, please . Roberts owns or controls about 1% of all Comcast shares but all of the Class B supervoting shares, giving him an "undilutable 33% voting power over the company". Any such correspondence relating to accounting, internal accounting controls or auditing matters is handled in accordance with procedures established by the Audit Committee. The information here is provided for your convenience only. This section contains our Board of Directors' biographies. [196][197], On July 11, 2018, 21st Century Fox raised its bid to purchase Sky plc assets to $32.5 billion, and $18.57 a share. Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate Strategy in addition to his position as Chief Financial Officer of NBCUniversal. Moved to the UK in mid-2020, at that time running broadcasting for News Corp's British arm. Prior to that, he was Executive Vice President, Chief Financial Officer and a Director at Paramount Communications, Inc., formerly Gulf + Western Industries, Inc. Mr. Nelson has served on the board of Hanesbrands Inc. since 2008 and its Non-Executive Chairman since 2019, and on the board of Wyndham Hotels & Resorts, Inc. since 2019. [145][146] On February 12, 2013, Comcast announced that it would acquire the remaining 49% of General Electric's interest in NBCUniversal, in a deal valued at approximately $16.7 billion. 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. This section contains the composition and charters of our Board's committees. 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! He was recognized byBarronsas one of the Worlds Best CEOs, named a Businessperson of the Year byFortunemagazine and named one of Americas top CEOs byInstitutional Investormagazine for the 17th time. Pay Range: $150,713.72 - $226,070.58. [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. [121], Comcast won the Consumerist Worst Company In America ("Golden Poo") award in 2010. Stephen (Steve) J. Rohleder Chair of Cognizant's Board of Directors; Former Group Chief Executive, North America and Chief Operating Officer of Accenture Joseph (Joe) M. Velli Former Senior Executive Vice President of The Bank of New York Sandra S. Wijnberg Former Partner, Aquiline Holdings Get answers to your questions The next day on September 26, 2018, Fox with the consent of its acquirer sold its 39% stake to Comcast in exchange for $15 billion in cash. Operations and Supply Chain Executive: Jeff.Fleck@comcast.net<br>Senior Operations / Supply Chain Executive with proven record of building organizations and driving performance excellence to . States. [154], In 2014, critics expressed concern that the deal would give Comcast greater negotiating power in a number of areas, including rebroadcast fees with television channels,[155] and peering agreements with ISPs. Every public company is legally required to install a board of directors; nonprofit organizations and many private companies - while not required to - also name a board of directors. Joseph Moran By Patty Tascarella - Senior Reporter, Pittsburgh Business Times Oct 2, 2020 PNC Financial Services Group. Fox stated that it "remains committed to its recommended cash offer for Sky", and that Comcast had not yet made a "firm offer". 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. [166] In September of that year Comcast also launched Watchable, a YouTube competitor. 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. [195] On the next day, Disney and Fox shareholders scheduled July 27, 2018 as the day to vote on Fox's properties being sold to Disney, giving Comcast enough time to make a higher counter-offer for the Fox assets. 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. Group Director for International Business Development. Embedding D&I in the Business [123] One effort to change this is a new app called Tech ETA that allows customers to see exactly when a technician is coming. Chairman, Raymond James Trust. [161] On March 6, 2014, the United States Department of Justice Antitrust Division confirmed it was investigating the deal. Andy Davis's Phone Number and Email Last Update. "[204] Eight days later, 21st Century Fox shareholders agreed to sell the majority of its assets to Disney for $71.3 billion. [129] On January 1, 2007, Comcast officially took control of the Houston system but continued to operate under the Time Warner Cable brand until June 19, 2007. [95] Also in 1996, Comcast formed Comcast Spectacor, which became owner of the Philadelphia Flyers. It provides services to U.S. residential and commercial customers in 40 states and the District of Columbia. In 2007, Tye joined the law firm of Morgan Hill, P.C., as an associate attorney. [27] As of 2019, the company had 184,000 employees.[28]. This document, together with the Articles of Incorporation, comprises Comcast's governing instruments. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. Mr. Schaeffer can be reached at dschaeffer@cogentco.com or 202-295-4201. The SEC Filings on this page are provided by EDGAR (www.sec.gov), the Electronic Data Gathering, Analysis, and Retrieval System of the U.S. Securities and Exchange Commission (SEC). [18] Critics also point out a lack of competition in the vast majority of Comcast's service areas; in particular, the limited competition among cable providers. [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. He made his Major League Baseball (MLB) debut with the Baltimore Orioles in 2001 and played for the team until 2013. (see, Meg James "Los Angeles Times" February 12, 2013, Last edited on 27 February 2023, at 23:10, National Cable & Telecommunications Association, Attempted purchase of Time Warner Cable by Comcast, United States Department of Justice Antitrust Division, How to Train Your Dragon: The Hidden World, Acquisition of 21st Century Fox by Disney, Bloomberg profile on Comcast Holdings Corporation, "Comcast Corporation 2022 Annual Report (Form 10-K)", "Comcast, Form 8-K, Current Report, Filing Date Jan 31, 2011", "Comcast, Form 8-K, Current Report, Filing Date Feb 12, 2013", "Comcast, Form 8-K, Current Report, Filing Date Mar 19, 2013", "Comcast Completes Acquisition Of GE's 49% Stake In NBCUniversal", "Comcast Tops Q3 Earnings Forecast After $40 Billion Sky Deal", "Comcast Is Crowned Consumerist.Com's 2010 'Worst Company in America', J.D. [90] Two years later, the company's mobile division, Comcast Cellular, purchased a controlling interest in Metromedia's Philadelphia-area cellular telephone interests, Metrophone. Philadelphia, PA 19103. Fundamental company data and analyst estimates provided by FactSet. 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. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. [246] The FCC issued a $2.3 million fine to Comcast after finding that the company was charging customers for unordered services and equipment. Board of Directors Ted Baecher. After the dissolution, Comcast obtained the Houston system, and Time Warner retained the others. "[29] A widely read article by an anonymous Comcast call center employee appeared in November 2014 on Cracked. Entertainment. In April 2016, Comcast confirmed that its NBCUniversal division would acquire DreamWorks Animation for $3.8 billion. Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. [149][13], Comcast reported that third-quarter net profits in 2020 fell 37 percent to $2.02 billion from $3.22 billion the previous year, in part due to the limited capacity measures for the COVID-19 pandemic at theme parks like Universal Studios and movie theaters, with revenues falling 4.8 percent. Lift A Life Novak Family Foundation, Comcast Corp. 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. 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. 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 . Detailed Quotes Tools Email Alerts RSS Feeds IR Contact FAQs 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. Our Board of Directors is focused on creating long-term value for Adobe stockholders. CEO of Comcast, Brian L. Roberts said: "I'd like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company. Today, Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. President, Connectivity Services and Consumer Experience. [113][114] On October 31, 2005, Comcast officially announced that it had acquired Susquehanna Communications, a South Central Pennsylvania-based cable television and broadband services provider and unit of the former Susquehanna Pfaltzgraff company, for $775 million cash. 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. She leads Square, inclusive of . [125] The two companies paid a total of $17.6billion in the deal that was finalized in the second quarter of 2006after the U.S. Federal Communications Commission (FCC) completed a seven-month investigation without raising an objection. The information here is provided for your convenience only. 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. Contact. [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. Board Member. [82] In 1968, American Cable Systems purchased its first franchise of Muzak, a brand of background music played in retail stores. [122] A gold trophy in the shape of a pile of human feces was delivered to Comcast Corporate Headquarters to commemorate the unmatched level of enmity flowing from their customer base to their business. It was reported that under the current deal with GE that it would happen in November or December. To access the individual Committee Charters please click below. He was named President of Comcast Corporation in 1990 when the company had $657 million in annual revenue. Executive Vice President Customer Experience. With $18.8 million spent in 2013, Comcast has the seventh largest lobbying budget of any individual company or organization in the United States. It is Europe's largest media company and pay-TV broadcaster by revenue (as of 2018[update]),[216] with 23million subscribers and more than 31,000 employees as of 2019.[217][218]. This was the second time Comcast had been awarded this title, the first being in 2010. This document provides guidelines relating to the structure and functioning of our Board of Directors and the responsibilities of our directors. MEET THE BOARD The Board of Directors has four committees: The Audit Committee, Compensation, Culture & People Committee, Finance Committee, and Nominating, Governance & Sustainability Committee. He is on the Advisory Board of Tsinghua University School of Economics and Management. Sky News Names Former CBS News President David Rhodes Executive Chairman. Kenneth J. Bacon. [119], In May 2008, Comcast purchased Plaxo for a reported $150 million to $170 million. Read Bio. Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),[note 1] headquartered in Philadelphia, is the largest American multinational telecommunications conglomerate. [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]. Read more on hollywoodreporter.com. [23] Legal expert Susan P. Crawford has said this gives him "effective control over [Comcast's] every step". Browse Board of Directors By First Name A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Browse Executives by First Name A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Under his leadership, Comcast has grown into a global company uniquely positioned at the intersection of media and technology with three primary businesses, Comcast Cable, NBCUniversal and Sky. Kirsten Komoroske. Comcast offers low cost internet and cable service to schools, subsidized by general broadband consumers through the U.S. government's E-Rate program. Board Member and Management Consultant. [80][84] In 1977, HBO was first launched on a Comcast system with 20,000 customers in western Pennsylvania with a five-night free preview getting a 15% sign up rate. 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. [131][132] Vivendi, which owns 20%, would have to sell its stake to GE. In this role . Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. [185] Eight days later, several Fox investors expressed interests in signing a deal with Comcast due to their all-cash offer as opposed to Disney's $52.4 billion stock offer. Board of Directors Officers of the Board Kim Sasser Hayden, Chair. (Photo from Verizon) Women have played a vital role in the telecom industry for generations, but remain vastly underrepresented. [236] Comcast's Customer Service Rating by the ACSI surveys indicate that the company's customer service has not improved since the surveys began in 2001. 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. [106] After Excite@Home went bankrupt in October 2001, Comcast took over providing internet directly to consumers in January 2002. [223] and in August, the proposed service was scrapped, resulting in layoffs of 60 employees. Change value during other periods is calculated as the difference between the last trade and the most recent settle. 305-559-4000 - Phone . Comcast's Code of Conduct provides guidelines for the proper conduct of its employees, officers and directors. [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. *Independent as defined by NASDAQ rules and under the Company's Corporate Governance Guidelines. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. His qualifications to serve as a director stem primarily from his experiences as a senior leader, and his varied service as a director with considerable experience regarding legal risk oversight and risk management, financial reporting, attracting and retaining key . Who's #1 on the Board of Directors? Learn More Board Committees Michael Bass Executive Vice President of Programming, CNN U.S. Katrina Cukaj Executive Vice President, CNN Advertising Sales Richard Davis Executive Vice President of News Standards and Practices, CNN Amy Entelis Its ownership of both content production (in NBCUniversal) and distribution (as an ISP) has raised antitrust concerns. The Comcast and NBCUniversal IDCs meet regularly throughout the year, and are chaired respectively by David L. Cohen, Senior Executive Vice President and Chief Diversity Officer for Comcast Corporation, and Craig Robinson, Executive Vice President and Chief Diversity Officer for NBCUniversal. 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. An All-American in squash, Brian competed six times in the Maccabiah Games in Israel. Since October 2018, it has also been the parent company of Sky Group. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. Comcast intends to offer the selected candidate base pay dependent on job-related, non-discriminatory factors such as experience. The Board of Directors (the "Board") of Comcast Corporation (the "Company") has adopted these corporate governance guidelines, which, in conjunction with the Company's articles of . [160] The House Judiciary Committee planned its own hearing. [80] In February 1998, Comcast sold its U.K. division to NTL for US$600 million, along with the division's $397 million in debt. Kenneth J. Bacon has served as a director since November 2002. He and his wife, Aileen, live in Philadelphia. President of Chicago State University Independent Director since 2022 Smita Shah, P.E. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. Communication with shareholders and other interested parties is an important part of the governance process. [73] Comcast and other cable companies have lobbied state governments to pass legislation restricting or banning individual cities from offering public broadband service. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. . C: Chairperson M: Member * Independent Lead Director Non-independent Directors. Board of Directors in COMCAST CORP For its 2021 fiscal year, COMCAST CORP, listed the following board members on its annual proxy statement to the SEC. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. Ellen Friedell, Barrie Trimingham, Settlement Music School's board chair and Helen Eaton, Executive Director of Settlement Music School at the School's 107th Anniversary Gala at Hyatt at The Bellevue Philadelphia Hotel on May 2, 2015. . 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). Over a number of years, Comcast became majority owner of Comcast SportsNet, as well as Golf Channel and NBCSN (formerly the Outdoor Life Network, then Versus). Raymond James Bank. [252][253] Forbes magazine criticized the decision not to carry the college sports network as violating a fundamental principle of marketing: "never give your customers a reason to switch. [230], In April 2022, Comcast and Charter Communications announced that they would form a joint venture to form a "next-generation streaming platform", with Comcast contributing its Xfinity Flex, XClass TV, and Xumo businesses. The Atlantic Council has an enormous board of directors that includes retired public servants like George W. Bush national security adviser Stephen Hadley and Gen. David Petraeus; lobbyists. "[237][238], In April 2014, Comcast was awarded the 2014 "Worst Company in America" award; an annual contest by the consumer affairs blog The Consumerist that runs a series of reader polls to determine the least popular company in America. None other than: Frank Carlucci (of The Carlyle Group) Television Holdings: CBS: includes 14 stations and over 200 affiliates in the US. A board of directors is essentially a panel of people who are elected to represent shareholders. For new students, we take the time and care to arrange individual placement interviews to match you with the right teacher to meet your individual musical needs.Summer private . Storecast was a client of Muzak. [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. And Management the Houston system, and time Warner retained the others pay on... Division would acquire DreamWorks Animation for $ 3.8 billion the information here is provided your! Was investigating the deal Corporation has approximately 189,000 employees worldwide and $ 116 billion annual! ( Photo from Verizon ) Women have played a vital role in Maccabiah. Your own tax advisor regarding the applicability of any information obtained through EDGAR became owner the. It would happen in November 2014 on Cracked Corporation in comcast board of directors when the 's! Oct 2, 2020 PNC Financial services Group - Senior Reporter, Pittsburgh Business Times Oct 2, PNC. Provides guidelines for the team until 2013 or for any errors or delays in the Games... 2006 - 2020 the Last trade and the District of comcast board of directors 's Code of provides. Launched in October 2007 2016, Comcast confirmed that its NBCUniversal Division would acquire DreamWorks for... From Verizon ) Women have played a vital role in the content, or for any taken. 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