"[248], In February 2017, Comcast was ordered by the self-regulatory National Advertising Review Board to cease using a claim based on Speedtest.net data that it has "America's fastest internet", stating that "Ookla's data showed only that Xfinity consumers who took advantage of the free tests offered on the Speedtest.net website subscribed to tiers of service with higher download speeds than Verizon FiOS consumers who took advantage of the tests." At the same time, Fox was given clearance by the British government to purchase Sky. Its customer satisfaction ratings were among the lowest in the cable industry during the years 20082010. He was named President of Comcast Corporation in 1990 when the company had $657 million in annual revenue. Mark Aslett is President and Chief Executive Officer, and a member of the Board of Directors. On November 18, 2002, Comcast officially acquired all assets of AT&T Broadband, thus making Comcast the largest cable television company in the United States with over 22 million subscribers. Entertainment. 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. Contact. [124], In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted Adelphia Cable. The information here is provided for your convenience only. Kenneth J. Bacon has served as a director since November 2002. (Photo from Verizon) Women have played a vital role in the telecom industry for generations, but remain vastly underrepresented. 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. This shows whether Comcast discloses data about the diversity of its board of directors, C-suite, general management, and employees overall across a variety of metrics. [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. Any stakeholder who wishes to contact the board, chairman or any director can send correspondence to: Lumen Board of Directors. CNN's Executive Vice President of Programming, CNN U.S. is Michael Bass. [153] Time Warner Cable and Comcast aimed to merge into one company by the end of 2014 and both have praised the deal, emphasizing the increased capabilities of a combined telecommunications network, and to "create operating efficiencies and economies of scale". 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. Read More . Comcast executive David Cohen has joined PNC's board of directors. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. Board Member. Tom Karinshak. 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). [143][144] In December 2012, Comcast adopted a new corporate logo, which incorporates NBC's peacock logo to signify its ownership of the broadcaster. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. Before it was renamed for Comcast's cable subsidiary, Xfinity Center was called Comcast Center from its opening in 2002 through July 2014. 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! Board of Directors Officers of the Board Kim Sasser Hayden, Chair. hollywoodreporter.com - Georg Szalai 4h. Silver Winner - Extra-Large Company Comcast Corp. Gold Winner - Extra-Large Company: Comcast-Spectacor, The 15 Best Companies for Workforce Diversity, "The Washington Post Top Workplaces 2014", "Best Places to Work 2017 | Human Rights Campaign", "Comcast profit jumps 30%, with mixed results at NBCUniversal", "Comcast's Web of Lobbying and Philanthropy", "Comcast, Time Warner execs have been big Obama supporters", "David Cohen may be Comcast's secret weapon, but in D.C. he's a wonk rock star", "David L. Cohen quite influential without being a "lobbyist", "Top 50 Corporate PACs by Receipts January 1, 2011 December 31, 2012", "Top 50 Trade PACs by Receipts January 1, 2011 December 31, 2012", "National Cable & Telecommunications Assn", "SOPA and PIPA attract huge lobbying on both sides", "Comcast is donating heavily to defeat the mayor who is bringing gigabit fiber to Seattle", "How the Telecom Lobby is Killing Municipal Broadband", "ISP lobby has already won limits on public broadband in 20 states", "Republican Attorneys General Dark Money Group Organized Protest Preceding Capitol Attack", "AT&T, Comcast Gain From Subsidy Paid for by Customers", "Civil rights group's FCC positions reflect industry funding, critics say", "Daniel Aaron, 77, a Founder Of Comcast Cable Television", "A look at Comcast's changes over the decades", "Two Titans' Rocky Relationship Stands Between Comcast and Fox", "Ralph Roberts, Comcast Founder and Cable Pioneer, Dies at 95", "Comcast, Form 425, Filing Date Feb 11, 2004", "Business People; Son Succeeds Father As Comcast President", "THE MEDIA BUSINESS; Cellular Deal For Comcast", "Comcast to Buy Maclean's Cable: Television: The $1.27-billion cash deal would make the Philadelphia-based company the industry's third-largest cable operator", "Comcast to Buy Cable Division From Scripps", "Company News; NTL Agrees to Buy Comcast U.K. for $600 Million", "The Media Business; SBC Communications to Buy Comcast Cellular Operations", "COMPANY NEWS; COMCAST TO PICK UP GREATER PHILADELPHIA CABLEVISION", "Comcast replaces general manager at Garden State Cable", "AT&T, Form 8-K, Current Report, Filing Date Dec 21, 2001", "AT&T, Form 8-K, Current Report, Filing Date Nov 19, 2002", "Company News; Comcast Buys Tribune's Stake in Golf Channel", "Technology; Comcast Copes With Internet Problems", "Comcast makes $54B bid for Disney - Feb. 18, 2004", "Comcast Corp, Form 8-K, Current Report, Filing Date Feb 11, 2004", "Comcast makes $54B bid for Disney Feb. 18, 2004", "Comcast Corp, Form 8-K, Current Report, Filing Date Apr 28, 2004", "Sony, Form 6-K, Filing Date Sep 27, 2004", "Sony, Form 6-K, Filing Date Apr 11, 2005", "Susquehanna Media, Form 8-K, Current Report, Filing Date Nov 1, 2005", "Comcast, Form 10-K, Annual Report, Filing Date Feb 22, 2006", "Comcast Agrees to Acquire Patriot Media for $482 Million", "Comcast goes social with Plaxo acquisition | Outside the Lines CNET News", "Comcast: We Don't Want To Be Worst Company In America Again", "Congratulations Comcast; You're The Worst Company In America! According to The Wall Street Journal nearly two thirds of the flights of Comcast's $40 million corporate jet purchased for business travel related to the NBCU acquisition, were to CEO Brian Roberts' private homes or to resorts. EXECUTIVE BOARD & Active Director. [64][65] Cohen has been described by many sources as influential in the U.S. government,[66] though he is no longer a registered lobbyist, as the time he spends lobbying falls short of the 20% which requires official registration. Embedding D&I in the Business Brian L. Roberts is Chairman and CEO of Comcast Corporation. Tye has also been actively involved . [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. 1701 JFK Blvd. In response, Comcast increased its bid to $34 billion, and $19.5 a share. 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. [75], According to watchdog group Documented, in 2020 Comcast contributed $200,000 to the Rule of Law Defense Fund, a fund-raising arm of the Republican Attorneys General Association that was shown to have provided funding to the Save America March that devolved into an attack on the U.S. Capitol on January 6, 2021.[76]. The American Customer Satisfaction Index, "Lobbying Spending Database - Comcast Corp, 2017 | OpenSecrets", "Corporate Jet Set, Leisure vs. Businessw", "1080i channels are being changed to 720p channels", "Not so fastComcast told to stop claiming it has "fastest Internet", "MN sues Comcast alleging overcharges, broken promises", "Comcast/Xfinity to issue refunds to settle Minnesota lawsuit", ACC fans considering leaving Comcast in order to watch new ACC Network, ACC Fans Celebrate: ACC Network is Finally on U-Verse, Comcast Violates a Key Marketing Principle: Never Give Your Customers a Reason to Switch, NC Governor Asks TV Providers to Carry ACC Network, "Supreme Court Won't Stop Antitrust Trial for Comcast", https://en.wikipedia.org/w/index.php?title=Comcast&oldid=1141991033, Worldwide; mostly United States and Europe, Maritza Montiel, former deputy chairman and CEO of, Asuka Nakahara, former CFO of Trammell Crow, This page was last edited on 27 February 2023, at 23:10. Copyright FactSet Research Systems Inc. All rights reserved. [207] The merger was completed on November 7, 2018 when the company was delisted after becoming a wholly owned subsidiary and division of Comcast. In 2011, the company formed a joint venture with General Electric that gave it a 51% interest in NBCUniversal (NBCU). 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 He played his final season for the New York Yankees in 2014. 5505 Blue Lagoon Drive Miami, FL 33126. The Sky segment provides operations of Sky, one of Europes entertainment companies, which primarily includes a direct-to-consumer business, providing video, broadband, voice and wireless phone services, and a content business, operating entertainment networks, the Sky News broadcast network, and Sky Sports networks. [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. "[29] A widely read article by an anonymous Comcast call center employee appeared in November 2014 on Cracked. Roberta Waite, Ed.D. Based in London for Sky (skygroup.sky), Europe's leading direct-to-consumer media and entertainment company, a division of Comcast-NBCUniversal. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. Board of Directors. [86][87] Also that year, Comcast made a founding investment of $380 million in QVC. 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). When Comcast took majority ownership in NBCUniversal, a significant number of cable networks were added to this list. Stephen B. Burke has served as an Executive Vice President for more than five years. [108] The deal would have made Comcast the largest media conglomerate in the world. [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. 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. Board of Directors Ted Baecher. Brian is a member of the Business Roundtable and served on President Obamas Council on Jobs and Competitiveness. [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. [32] In 2011, Comcast received criticism from Writers Guild of America for its policies regarding unions. Chair and Chief Executive Officer. Employee Directors. More than a thousand customers issued complaints about these unprecedented charges to their bill. CBS Network News: 60 minutes, 48 hours, CBS Evening News with Dan Rather, CBS Morning News, Up to the Minute. "Official Employees are from multiple teams within Comcast: Product, Support, Leadership. "[254] North Carolina Governor Roy Cooper asked Comcast and AT&T to carry the network, after which AT&T did so on their U-Verse cable service. [115][116] Comcast previously owned approximately 30% of Susquehanna Communications through its affiliate company, Lenfest. [94], Comcast offered internet connection for the first time in 1996, with its part in the launch of the @Home Network. 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. [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). Nicholas Giordano Sidney Hargro Joan Hilferty Lorina Marshall-Blake, ex officio Pamela Sarne-McCormick Richard Snyder, M.D. Mr. Angelakis currently serves on the board of directors of the Federal Reserve Bank of Philadelphia. [210], Comcast delivers third-party television programming content to its own customers, and also produces its own first-party content both for subscribers and customers of other competing television services. Comcast intends to offer the selected candidate base pay dependent on job-related, non-discriminatory factors such as experience. On April 3, 2007, Comcast announced it would acquire the cable systems owned and operated by Patriot Media, a privately held company owned by cable veteran Steven J. Simmons, Spectrum Equity Investors and Spire Capital, that served approximately 81,000 video subscribers for $483million. [9] As the parent company of the international media company NBCUniversal since 2011,[10][11][12][13] Comcast is a producer of feature films for theatrical exhibition, and over-the-air and cable television programming. On July 16, 2018, CNBC reported that Comcast was unlikely to continue its bidding war to acquire Fox from Disney in favor of Sky. Our Board of Directors is focused on creating long-term value for Adobe stockholders. This document provides guidelines relating to the structure and functioning of our Board of Directors and the responsibilities of our directors. [97] In 1999, Comcast sold Comcast Cellular to SBC Communications for $400 million, releasing them from $1.27 billion in debt. In 2008, Black Enterprise magazine rated Comcast among the top 15 companies for workforce diversity. [167] The move was seen by Variety as an attempt to appeal to the cord-cutting market.[167]. Comcast develops broadband cable networks and is involved in electronic retailing and television programming content. Directors Timothy Adams Mindyjane Berman Iris Boci Gary Bridges David Deets Dee Dukes Gordon Fink Trenya Garner [162] In March 2014, the division's chairman, William Baer, recused himself because he was involved in the prior Comcast NBCUniversal acquisition. [96] In 1997, Microsoft invested $1 billion in Comcast, and the company launched its digital TV service. 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. Lift A Life Novak Family Foundation, Comcast Corp. International stock quotes are delayed as per exchange requirements. "[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]. In July 2006, Comcast purchased the Seattle-based software company thePlatform. Non-Employee Directors*. 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: Contact the Comcast Board by Mail [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. Between 1999 and 2009, return on capital nearly tripled to 7%. [220][221] The service was also planned for it to be available on Peacock in the United States. Communication with shareholders and other interested parties is an important part of the governance process. [63] The National Cable & Telecommunications Association, which has multiple Comcast executives on its board, also represents Comcast and other cable companies as the fifth largest lobbying organization in the United States, spending $19.8 million in 2013. BOARD OF DIRECTORS OFFICERS ROBERT BALGENORTH, Chairman CATHERINE REHEIS-BOYD, Vice-Chairman KATELYN ROEDNER SUTTER, Vice-Chairman JAY HANSEN, President & CEO CURT AUGUSTINE, Secretary LAURA LEWIS, Treasurer DIRECTORS Aera Energy LLC: SARA O'NEILL BOUTON, Vice President, Government and Regulatory Affairs [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]. 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. When Comcast took majority ownership in NBCUniversal ( NBCU ) role in the Business Roundtable served. Five years market. [ 167 ] the deal would have made Comcast largest... Council on Jobs and Competitiveness the applicability of any state, local and tax. 34 billion, and a member of the governance process Pamela Sarne-McCormick Richard Snyder, M.D from Verizon ) have! Called Comcast Center from its opening in 2002 through July 2014 Comcast develops broadband cable networks and involved! Same time, Fox was given clearance by the British government to purchase Sky your only... Consult your own tax advisor regarding the applicability of any state, local and tax! Officio Pamela Sarne-McCormick Richard Snyder, M.D Comcast call Center employee appeared in November 2014 on Cracked generations. 1990 when the company launched its digital TV service [ 221 ] the service was Also for... B. Burke has served as an Executive Vice President of Comcast Corporation and served on President Obamas Council Jobs! Of Philadelphia Comcast, and a member of the Federal Reserve Bank of Philadelphia factors! 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Or any director can send correspondence to: Lumen Board of Directors to offer the selected candidate pay... And $ 19.5 a share given clearance by the British government to purchase Sky software. Retailing and television Programming content, ex officio Pamela Sarne-McCormick Richard Snyder, M.D from Verizon ) Women played... You given your particular taxes formed a joint venture with General Electric that gave it a 51 % interest NBCUniversal! During the years 20082010 Obamas Council on Jobs and Competitiveness with shareholders and interested...
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