Stephen B. Burke has served as an Executive Vice President for more than five years. Board Member. More than a thousand customers issued complaints about these unprecedented charges to their bill. 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 . $3,010,000. Comcast believes that its business prospers most in an environment that is ethically sound. Raymond James Bank. [174] The service was officially announced on April 6, 2017, as Xfinity Mobile.[175]. 2/27/2023 12:05 AM. [83] That same year, in partnership with Disney, Comcast got a 50.1% controlling interest in E! This document, together with the By-Laws, comprises Comcast's governing instruments. Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. [106] After Excite@Home went bankrupt in October 2001, Comcast took over providing internet directly to consumers in January 2002. Our Board of Directors is focused on creating long-term value for Adobe stockholders. [42] Comcast reported first quarter 2012 profit increases of 30% due to increase in high-speed internet customers. [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. It was reported that under the current deal with GE that it would happen in November or December. In 2008, Black Enterprise magazine rated Comcast among the top 15 companies for workforce diversity. . We deliver service on your terms, including 24/7 support, easy self-service tools on any . In 2011, the company formed a joint venture with General Electric that gave it a 51% interest in NBCUniversal (NBCU). ", "Why Comcast is the Worst Company in America", "Brian Roberts on His Vision for Comcast", "Comcast to build second, taller Phila. Comcast's executive vice president, David Cohen, admitted the company needed to improve their customer service. None other than: Frank Carlucci (of The Carlyle Group) Television Holdings: CBS: includes 14 stations and over 200 affiliates in the US. Board Member and Management Consultant. [20][21], Comcast is described as a family business. In 2020, NBCUniversal and Sky Group began preparations to launch an international news channel called NBC Sky World News. They were also ordered to stop using a claim that the company offers the "fastest in-home Wi-Fi," which was poorly substantiated. Directors Timothy Adams Mindyjane Berman Iris Boci Gary Bridges David Deets Dee Dukes Gordon Fink Trenya Garner According to Corporate Library, Comcast's board of directors ability to oversee and control management was severely compromised (at least in 2010) by the fact that several of the directors either worked for the company or had business ties to it (making them susceptible to management pressure), and a third of the directors were over 70 years of age. 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. Members include Adobe co-founder Dr. John Warnock and experts from a broad . Contact. This section contains the composition and charters of our Board's committees. Rima Qureshi is Verizon's Chief Strategy Officer & Executive Vice President. [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]. With their theme park in California being closed since March 2020 and limited capacity at locations in Florida and Japan, the company was prompted to lay off a number of their employees; revenue for their theme park locations fell 81 percent to $311 million from $1.63 billion in 2019. Nicholas Giordano Sidney Hargro Joan Hilferty Lorina Marshall-Blake, ex officio Pamela Sarne-McCormick Richard Snyder, M.D. Director, State Government Affairs Charter Communications. [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 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. (215) 665-1700. tom_karinshak@cable.comcast.com. [22] Brian L. Roberts, its chairman, president and CEO, is the son of founder Ralph J. Roberts (19202015). [118], Comcast announced in May 2007[119] and launched in September 2008 a dashboard called SmartZone that allowed users to perform mobile functions online. [62] Comcast employs multiple former U.S. 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. Director of Financial Assets Letters from Annual Reports (1977 through 2001), quarterly reports, press releases and other information about Berkshire may be obtained on the Internet at berkshirehathaway.com. Communication with shareholders and other interested parties is an important part of the governance process. States. 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. Comcast was also ordered to disclose the full amounts customers will be charged for using their services on their advertisements. CNN's key executives include Michael Bass and 16 others. He served as President and Chief Executive Officer of the Company from 2006 - 2020. [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. Chairman, Raymond James Trust. Comcast Cable. Since October 2018, it has also been the parent company of Sky Group. [163] Several states' attorneys general have announced support for the federal investigation. [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. 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 This section contains our Board of Directors' biographies. Comcast Corp. engages in the provision of video, Internet, and phone services. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. The information here is provided for your convenience only. [207] The merger was completed on November 7, 2018 when the company was delisted after becoming a wholly owned subsidiary and division of Comcast. [95] Also in 1996, Comcast formed Comcast Spectacor, which became owner of the Philadelphia Flyers. 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. 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). Officers of the Foundation Lorina Marshall-Blake President Juan Lopez Treasurer Community Report Adobe's leadership and corporate governance documents outline the procedures and practices to guide the Board's duty as a fiduciary for its stockholders' long-term interests. 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. [97] In 1999, Comcast sold Comcast Cellular to SBC Communications for $400 million, releasing them from $1.27 billion in debt. Engage via Email. 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. Kenneth J. Bacon has served as a director since November 2002. President of Chicago State University Independent Director since 2022 Smita Shah, P.E. [172][173] Including Comcast's Home Security offering, customers now have the option of a Quintuple Play. ACTIVE DIRECTOR JAMES CAMPBELL Senior Director, Government Affairs Altice USA. Comcast's Code of Conduct provides guidelines for the proper conduct of its employees, officers and directors. [100][101] This consolidated Comcast's control over all of the Philadelphia region, and earned them approximately 1.3 million additional cable subscribers. Inquiries relating to our XFINITY services should be directed to Xfinity.com/support or 1-800-XFINITY (1-800-934-6489). [14], Comcast has been criticized for a variety of reasons. [240][241] Comcast employs the spouses, sons and daughters of mayors, councilmen, commissioners, and other officials to assure its continued preferred market allocations. "[30], Comcast has also earned a reputation as anti-union. [159] The U.S. Senate Judiciary Committee held a hearing on the deal on April 9, 2014. You're in a situation where two entities are bidding for an asset, and this kind of action can obviously influence the outcome of those actions."[202]. 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. "[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. Group Director for International Business Development. Brian has won numerous business and industry honors for his leadership. Barfield brings to the Board legal knowledge and experience, having practiced corporate and securities law at Sidley Austin LLP. Michael J. Angelakis has served as the Chief Financial Officer of Comcast Corporation for more than five years. 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 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. [41], The book value of the company nearly doubled from $8.19 a share in 1999 to $15 a share in 2009. [119], In May 2008, Comcast purchased Plaxo for a reported $150 million to $170 million. Email. [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. Prior to his current position, Hoplamazian served as president of The Pritzker Organization (TPO), the principal financial and investment advisor for Pritzker family . 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. [206] In October 2018 Comcast later acquired the rest of the shares of Sky with the company being delisted in November. On July 16, 2018, CNBC reported that Comcast was unlikely to continue its bidding war to acquire Fox from Disney in favor of Sky. He is on the Advisory Board of Tsinghua University School of Economics and Management. The sale covered the majority of 21CF's entertainment assets, including 20th Century Fox, FX Networks, and National Geographic Partners among others. At the time, American Cable was a small cable operator in Tupelo, Mississippi, with five channels and 12,000 customers. Contact the Board or Audit Committee. 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. [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. In addition, numerous customers reported inappropriate name-calling and interrogation by customer service representatives. A brilliant interview with Shayne Mele and Inside Retail Australia discussing Frenchie's collaboration with iconic department store David Jones and why this is Compensation and Human Capital Committee. Comcast develops broadband cable networks and is involved in electronic retailing and television programming content. [152] This was to add several metropolitan areas to the Comcast portfolio, such as New York City, Los Angeles, DallasFort Worth, Cleveland, Columbus, Cincinnati, Charlotte, San Diego, and San Antonio. 305-559-4000 - Phone . 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 His extensive background in global business spans the technology industry across a variety of markets, including telecommunications, data networking, security, defense and life sciences. [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. Comcast responded immediately by publicly acknowledging the dubious award and citing ongoing efforts to improve its customer service. 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 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. 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. In the fall of 2018, it finished construction of the 1,121ft (342m) Comcast Technology Center, Pennsylvania's tallest skyscraper, adjacent to its original headquarters. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. 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. Based in London for Sky (skygroup.sky), Europe's leading direct-to-consumer media and entertainment company, a division of Comcast-NBCUniversal. Media outlets began reporting in late September 2009 that Comcast was in talks to buy NBC Universal. In response, Comcast increased its bid to $34 billion, and $19.5 a share. [223] and in August, the proposed service was scrapped, resulting in layoffs of 60 employees. Fundamental company data and analyst estimates provided by FactSet. Who's #1 on the Board of Directors? [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. [220][221] The service was also planned for it to be available on Peacock in the United States. With GE that it would happen in November service representatives part of the Philadelphia Flyers from. 106 ] After Excite @ Home went bankrupt in October 2001, Comcast took over providing internet directly to in... Of reasons document, together with the By-Laws, comprises Comcast 's Home Security offering, customers have! 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