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. Senior Manager, External Affairs Comcast. [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. 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. The information here is provided for your convenience only. . It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. [156], Critics noted in 2013 that Tom Wheeler, the head of the FCC, which has to approve the deal, is the former head of both the largest cable lobbying organization, the National Cable & Telecommunications Association, and as largest wireless lobby, CTIA The Wireless Association. 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). [124], In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted Adelphia Cable. Secondary Contact. [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. He was named President of Comcast Corporation in 1990 when the company had $657 million in annual revenue. 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. . As part of the deal, Time Warner Cable and Comcast traded existing subscribers in order to consolidate them into larger geographic clusters.[127][128]. Tye has also been actively involved . [108] The deal would have made Comcast the largest media conglomerate in the world. Michael J. Angelakis has served as the Chief Financial Officer of Comcast Corporation for more than five years. Edward D. Breen, Director, Comcast Corporation Edward D. Breen* has served as a director since February 2014. The new service, described as being a "Wi-Fi and MVNO-integrated product", and was expected to launch in mid-2017. [107], On February 11, 2004, Comcast announced a $54billion bid for The Walt Disney Company, including taking on $12billion of Disney's debt. Barfield brings to the Board legal knowledge and experience, having practiced corporate and securities law at Sidley Austin LLP. Mr. Bacon also serves as a director of Ally Financial Inc., Arbor Realty Trust, Inc. and Welltower Inc. and is a member of the National Multifamily Housing Council. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. This is a clear gift to Disney. 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 . 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, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. [111] In 2004, Comcast sold its QVC shares to Liberty Media for $7.9 billion.[112]. Comcast responded immediately by publicly acknowledging the dubious award and citing ongoing efforts to improve its customer service. [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. [256], Comcast reported total CO2e emissions (direct + indirect) for the twelve months ending 31 December 2020 at 2,291 Kt (-249 /-9.8% y-o-y). To learn more about Directors, click on the individual's name in the chart. Co-Chief Executive Officer, Director Theodore A. Sarandos Co-Chief Executive Officer, Chief Content Officer, Director Spencer Adam Neumann Chief Financial Officer Jeffrey William Karbowski. None other than: Frank Carlucci (of The Carlyle Group) Television Holdings: CBS: includes 14 stations and over 200 affiliates in the US. [115] In December 2005, Comcast announced the creation of Comcast Interactive Media, a new division focused on online media. Chairman, Raymond James Trust. This document provides guidelines relating to the structure and functioning of our Board of Directors and the responsibilities of our directors. [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. Between 2010 and 2013, Tye served as a Commissioner on Thurston County's Water Conservancy Board. Employee Directors. $3,010,000. [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. Comcast became the sponsor of NASCAR's second-tier series renaming it the NASCAR Xfinity Series in 2015. Read More . Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. [101] The purchase of Lenfest also bought Comcast the remaining 50% stock of the cable operator Garden State Communications a company whom Comcast had already owned half of in partnership with Lenfest for years. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. Director, Government Affairs at Comcast . Rima Qureshi is Verizon's Chief Strategy Officer & Executive Vice President. Base pay is one part of the Total Rewards that Comcast provides to compensate and recognize employees for their work. However, on December 11, 2017, Comcast officially dropped the bid, saying that "We never got the level of engagement needed to make a definitive offer. EXECUTIVE BOARD & Active Director. The Media segment consists of NBCUniversals television and streaming platforms, including national, regional, and international cable networks. [205] On September 25, 2018, Comcast bought a 30% stake of Sky plc. [83] That same year, in partnership with Disney, Comcast got a 50.1% controlling interest in E! [126] Time Warner Cable became the second-largest cable provider in the U.S., ranking behind Comcast. [103], In 2001, Comcast announced it would acquire the assets of the largest cable television operator at the time, AT&T Broadband, for $44.5 billion. ACTIVE DIRECTOR JAMES CAMPBELL Senior Director, Government Affairs Altice USA. Brian L. Roberts is Chairman and CEO of Comcast Corporation. Date Posted: February 21, 2023 Salary: $16,337.00 - $19,858.00 Monthly Description: The Deputy General Counsel will perform varied professional legal work with emphasis on the County Employees Retirement Law of 1937 (CERL) and the California Public Employees' Pension Reform Act of 2013 (PEPRA); analyze Board of Retirement policies, regulations and guidelines to ensure compliance with . In 2007, Tye joined the law firm of Morgan Hill, P.C., as an associate attorney. Ms. Henry is an independent director. Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),[note 1] headquartered in Philadelphia, is the largest American multinational telecommunications conglomerate. [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. [106] After Excite@Home went bankrupt in October 2001, Comcast took over providing internet directly to consumers in January 2002. [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. Kirsten Komoroske. Mr. Angelakis currently serves on the board of directors of the Federal Reserve Bank of Philadelphia. [77] Critics have noted that many of the strongest supporters of Comcast's business deals have received substantial funding from the Comcast Foundation. a***@cable.comcast.com. [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. [220][221] The service was also planned for it to be available on Peacock in the United States. "[204] Eight days later, 21st Century Fox shareholders agreed to sell the majority of its assets to Disney for $71.3 billion. Philadelphia, PA 19103. Board Member and Executive Director of The Walt Disney Family Museum. 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). It would not include the Fox Broadcasting Company, Fox Television Stations, Fox Sports, and Fox News units, all which will be spun-off into a new independent company,[176] which is later known as the Fox Corporation since the 2019 launch. Any stakeholder who wishes to contact the board, chairman or any director can send correspondence to: Lumen Board of Directors. Brian is the recipient of the Humanitarian Award from the Simon Wiesenthal Center and the Pennsylvania Societys Gold Medal for Distinguished Achievement Award. Previously, President of CBS News from 2011-2019, responsible for CBS News broadcasts and . FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. He also received the Legend and Leadership Award from the Yale School of Managements Chief Executive Leadership Institute. In 1963, Ralph J. Roberts in conjunction with his two business partners, Daniel Aaron[79] and Julian A. Brodsky, purchased American Cable Systems[80] as a corporate spin-off from its parent, Jerrold Electronics, for U.S. $500,000. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. [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. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. [92] That same year, Comcast became the third-largest cable operator in the United States, with around 3.5 million subscribers following its purchase of Maclean-Hunter's American division for $1.27 billion. "Official Employees are from multiple teams within Comcast: Product, Support, Leadership. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Comcast's corporate governance practices and policies promote fairness, transparency and accountability and reflect the Company's commitment to integrity in its dealings with all of its stakeholders. All rights reserved. C: Chairperson M: Member * Independent Lead Director Non-independent Directors. 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. [207] The merger was completed on November 7, 2018 when the company was delisted after becoming a wholly owned subsidiary and division of Comcast. [102] Comcast quickly replaced the ten-year general manager at Garden State with their own executive, and eventually Garden State ceased operating under its own name and was fully merged to become a part of the Comcast Corporation. [162] In March 2014, the division's chairman, William Baer, recused himself because he was involved in the prior Comcast NBCUniversal acquisition. 21st Century Fox, which owns 39% stake in Sky, had previously declined a US$60 billion acquisition offer by Comcast in favor of its deal with Disney, due to anti-competition concerns. Governance and Corporate Responsibility Committee. [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. Jonathan Levy has been appointed managing director and executive editor of Sky News U.K. Comcast-owned European TV giant Sky unveiled a new leadership . Board of Directors Christopher Cashman Carolina DiGiorgio, Esq. 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. Comcast's shares traded at over $47 per share, and its market capitalization was valued at over US$213.4 billion in February 2022. Compensation and Human Capital Committee. [189], On June 15, 2018, the European Commission gave antitrust clearance to Comcast's offer to purchase Sky, citing that in terms of their current assets in Europe, there would be limited impact on competition. Comcast is often criticized by the media and its own staff for its less-than-upstanding policies of employee relations. After the dissolution, Comcast obtained the Houston system, and Time Warner retained the others. 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. It also has significant holdings in digital distribution, such as thePlatform, which it acquired in 2006; and ad-tech company FreeWheel, which it acquired in 2014. His extensive background in global business spans the technology industry across a variety of markets, including telecommunications, data networking, security, defense and life sciences. 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. [95] Also in 1996, Comcast formed Comcast Spectacor, which became owner of the Philadelphia Flyers. 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. Andy Davis's Phone Number and Email Last Update. Plans for the launch initially scheduled for summer 2020[222] were put on hold due to the COVID-19 pandemic in the United Kingdom. "[177] On December 14, Disney officially confirmed its acquisition of 21st Century Fox for $52.4 billion in stock, pending review from the United States Department of Justice Antitrust Division.[178]. 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). "[30], Comcast has also earned a reputation as anti-union. President of Chicago State University Independent Director since 2022 Smita Shah, P.E. [35][36] The Boston Globe found Comcast to be that city's top place to work in 2009. He and his wife, Aileen, live in Philadelphia. [37] Employee diversity is also an attribute upon which Comcast receives strong marks. 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. [206] In October 2018 Comcast later acquired the rest of the shares of Sky with the company being delisted in November. 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. This document, together with the By-Laws, comprises Comcast's governing instruments. He is on the Advisory Board of Tsinghua University School of Economics and Management. [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. [193], However, on June 20, 2018, Disney and Fox announced that they had amended their previous merger agreement, upping Disney's offer to $71.3 billion (a 10% premium over Comcast's $65 billion offer), while also offering shareholders the option of receiving cash instead of stock. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Minimum 15 min delayed. CNN's key executives include Michael Bass and 16 others. [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. Michelle Lund. Pat Gallagher. Governance and Corporate Responsibility Committee Charter, Compensation and Human Capital Committee Charter, Governance and Corporate Responsibility Committee. Roberta Waite, Ed.D. [171] The partnership and the addition of wireless would allow Comcast to offer a quadruple play of services. The Xfinity Customer Commitment. [38] Comcast was also named a "Top 2014 Workplace" by The Washington Post in their annual feature. Philadelphia, Pennsylvania, United States. [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. 1701 JFK Blvd. [147][148] The acquisition was completed on March 19, 2013. Board of Directors Calvin G. Butler Jr. President and Chief Executive Officer Exelon Corporation Gil C. Quiniones CEO, ComEd Ricardo ("Ric") Estrada President and CEO of Metropolitan Family Services Independent Director since 2021 Zaldwaynaka ("Z") Scott, Esq. [62] Comcast employs multiple former U.S. This also means that a cable company can do well financially even though its customers are not particularly satisfied. This was the second time Comcast had been awarded this title, the first being in 2010. . [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]. [8] It is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. Detailed Quotes Tools Email Alerts RSS Feeds IR Contact FAQs States. Boards and Commissions - Board Directory An official website of the City of Chicago Here's how you know CHIBoards and Commissions Home Board Directory Member Search Ethics and Open Meetings Boards and Commissions Directory The information on this site is current as of January 26, 2023 [71], Comcast also backs lobbying and PACs on a regional level, backing organizations such as the Tennessee Cable Telecommunications Association[72] and the Broadband Communications Association of Washington PAC. Before it was renamed for Comcast's cable subsidiary, Xfinity Center was called Comcast Center from its opening in 2002 through July 2014. [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. Kenneth J. Bacon has served as a director since November 2002. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. [172][173] Including Comcast's Home Security offering, customers now have the option of a Quintuple Play. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. [15][16] It has violated net neutrality practices in the past, and, despite its commitment to a narrow definition of net neutrality,[17] critics advocate a definition that precludes any distinction between Comcast's private network services and the rest of the Internet. [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. 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. 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 [41], The book value of the company nearly doubled from $8.19 a share in 1999 to $15 a share in 2009. An All-American in squash, Brian competed six times in the Maccabiah Games in Israel. [97] In 1999, Comcast sold Comcast Cellular to SBC Communications for $400 million, releasing them from $1.27 billion in debt. Embedding D&I in the Business 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. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. Pay Range: $150,713.72 - $226,070.58. [120] There was also Cloudmark spam and phishing protection and Trend Micro antivirus. 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