comcast board of directors
[206] In October 2018 Comcast later acquired the rest of the shares of Sky with the company being delisted in November. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. [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. This document, together with the By-Laws, comprises Comcast's governing instruments. [246] The FCC issued a $2.3 million fine to Comcast after finding that the company was charging customers for unordered services and equipment. Its customer satisfaction ratings were among the lowest in the cable industry during the years 20082010. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. 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. [171] The partnership and the addition of wireless would allow Comcast to offer a quadruple play of services. This section contains the composition and charters of our Board's committees. John Farris, Secretary. 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. Its ownership of both content production (in NBCUniversal) and distribution (as an ISP) has raised antitrust concerns. [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. [200], However, on July 12, 2018, the Department of Justice filed a notice of appeal with the D.C. [141][142] The transaction was completed on January 28, 2011. 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 . 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 . We highlight various female leaders in the broadband industry. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. On April 8, 2005, a partnership led by Comcast and Sony Pictures Entertainment finalized a deal to acquire MGM and its affiliate studio, United Artists, and created an additional outlet to carry MGM/UA's material for cable and Internet distribution. [100][101] This consolidated Comcast's control over all of the Philadelphia region, and earned them approximately 1.3 million additional cable subscribers. His extensive background in global business spans the technology industry across a variety of markets, including telecommunications, data networking, security, defense and life sciences. Base pay is one part of the Total Rewards that Comcast provides to compensate and recognize employees for their work. She leads Square, inclusive of . In 2003, Comcast became one of the original investors in The Golf Channel. Edward D. Breen, Director, Comcast Corporation Edward D. Breen* has served as a director since February 2014. Mr. Comcast responded immediately by publicly acknowledging the dubious award and citing ongoing efforts to improve its customer service. Andy Davis's Phone Number and Email Last Update. [160] The House Judiciary Committee planned its own hearing. 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. On May 19, 2009, Disney and ESPN announced an agreement to allow Comcast Corporation to carry the channels ESPNU and ESPN3.[211]. [32] In 2011, Comcast received criticism from Writers Guild of America for its policies regarding unions. [138][139][140] GE would take over the remaining 49% stake in NBC Universal, using $5.8billion to buy out Vivendi's 20% minority stake in NBC Universal. [41], The book value of the company nearly doubled from $8.19 a share in 1999 to $15 a share in 2009. 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 On November 16, 2017, it was reported that Comcast attempted to purchase 21st Century Fox, following the news 10 days earlier that The Walt Disney Company negotiated with Fox to acquire the same assets. He was named President of Comcast Corporation in 1990 when the company had $657 million in annual revenue. Storecast was a client of Muzak. Embedding D&I in the Business The Xfinity Customer Commitment. A brilliant interview with Shayne Mele and Inside Retail Australia discussing Frenchie's collaboration with iconic department store David Jones and why this is Comcast's executive vice president, David Cohen, admitted the company needed to improve their customer service. As its customer satisfaction eroded by 7% over the past year, revenue increased by 12%." Who's #1 on the Board of Directors? 5505 Blue Lagoon Drive Miami, FL 33126. [170] Universal Pictures took over distribution of DreamWorks Animation films beginning in 2019 with How to Train Your Dragon: The Hidden World after DreamWorks Animation's deal with 20th Century Fox expired. [43] In February 2014, Comcast generated $1.1 billion in revenue during the first quarter due to the 2014 Winter Olympics in Sochi. [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]. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. [34] Similarly, the Philadelphia Business Journal awarded Comcast the silver medal among extra-large companies in Philadelphia, with the gold medal going to partner organization, Comcast-Spectacor. We take pride in our products, which is why we offer a 30-day money-back guarantee for Xfinity TV, Internet, Pro Protection and Voice services, and a 14-day money-back guarantee for Xfinity Mobile services and devices. 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]. Board of Directors Officers of the Board Kim Sasser Hayden, Chair. [33], Despite these criticisms, Comcast has appeared on multiple "top places to work" lists. 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 Kenneth J. Bacon has served as a director since November 2002. 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". [119], In May 2008, Comcast purchased Plaxo for a reported $150 million to $170 million. If you have a problem with Comcast, and you've called customer service, and you've escalated to a supervisor, and maybe even hung up and tried a different person, and you're still McCarthy to represent Comcast in bringing economic development to Illinois June 29, 2022 - Intersect Illinois today announced that Sean McCarthy, vice president of business development and strategic initiatives for Comcast's Greater Chicago Region, has joined its board of directors. [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. Director, State Government Affairs Charter Communications. 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. Communication with shareholders and other interested parties is an important part of the governance process. 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 Mr. Schaeffer can be reached at dschaeffer@cogentco.com or 202-295-4201. Comprised of the most innovative leaders in media, technology, marketing, and advertising, our Board of Directors rallies our communities to grow our impact exponentially. Like Disney, the deal included the 20th Century Fox film and television studios, cable entertainment and broadcast satellite networks including FX Networks, National Geographic Partners, Fox Sports Networks, and international channels such as Star India. Comcast included a 10-year commitment to the operations and funding of Sky News similar to that of Disney's offer. [73] Comcast and other cable companies have lobbied state governments to pass legislation restricting or banning individual cities from offering public broadband service. EXECUTIVE BOARD & Active Director. Kenneth J. Bacon has served as a director since November 2002. 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! Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),[note 1] headquartered in Philadelphia, is the largest American multinational telecommunications conglomerate. [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). [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. In 2009, it was included on CableFAX magazine's "Top 10 Places to Work in Cable", which cited its "scale, savvy and vision". Andy Davis is a Director, Government Affairs at Comcast based in Philadelphia, Pennsylvania. In September 2016, Comcast confirmed that it had reached a partnership with Verizon Wireless to launch a cellular network as an MVNO. Marc Montagner Marc Montagner, age 60, has served on our Board since April 2010 and has served as our Lead Independent Director since February 2020. 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 [23] Legal expert Susan P. Crawford has said this gives him "effective control over [Comcast's] every step". 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 He is on the Advisory Board of Tsinghua University School of Economics and Management. Comcast intends to offer the selected candidate base pay dependent on job-related, non-discriminatory factors such as experience. Mr. Angelakis currently serves on the board of directors of the Federal Reserve Bank of Philadelphia. [118], Comcast announced in May 2007[119] and launched in September 2008 a dashboard called SmartZone that allowed users to perform mobile functions online. [115] In December 2005, Comcast announced the creation of Comcast Interactive Media, a new division focused on online media. [235] Comcast Spectacor holdings now include the Philadelphia Flyers NHL hockey team and their home arena in Philadelphia. [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. [139] On January 18, 2011, the FCC approved the deal by a vote of 4 to 1. 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). Inquiries relating to our XFINITY services should be directed to Xfinity.com/support or 1-800-XFINITY (1-800-934-6489). [166] In September of that year Comcast also launched Watchable, a YouTube competitor. [209], Comcast Cable, which goes by the brand name Xfinity, provides cable television, broadband internet, and home telephone services. Michelle Lund. [24] In 2010, he was one of the highest paid executives in the United States, with total compensation of about $31 million. [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. "[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." [37] Employee diversity is also an attribute upon which Comcast receives strong marks. ACTIVE DIRECTOR TRENT CLAUSEN Vice President of Engineering Comcast Cable. Chair and Chief Executive Officer. "[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. [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. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. Comcast Corp. engages in the provision of video, Internet, and phone services. [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. Apr 2022 - Present11 months. Read Bio. [207] The merger was completed on November 7, 2018 when the company was delisted after becoming a wholly owned subsidiary and division of Comcast. The new service, described as being a "Wi-Fi and MVNO-integrated product", and was expected to launch in mid-2017. The Studios segment focuses on NBCUniversals film and television studio production and distribution operations. Stephen B. Burke has served as an Executive Vice President for more than five years. [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. They were also ordered to stop using a claim that the company offers the "fastest in-home Wi-Fi," which was poorly substantiated. Based in London for Sky (skygroup.sky), Europe's leading direct-to-consumer media and entertainment company, a division of Comcast-NBCUniversal. When Comcast took majority ownership in NBCUniversal, a significant number of cable networks were added to this list. 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. "Official Employees are from multiple teams within Comcast: Product, Support, Leadership. 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. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. 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! The new ViacomCBS board will have a number of familiar faces with six former CBS Corp. directors and four former Viacom directors, while Paul Reilly resigned as a member of comScore's board. President of Chicago State University Independent Director since 2022 Smita Shah, P.E. Ms. Henry is an independent director. [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. From the Effective Time until and including the second annual meeting of the stockholders of Comcast taking place after the Effective Time, (i) the Board of Directors of Comcast will nominate the New Directors for reelection to the Comcast Board of Directors at each subsequent annual or special meeting of the stockholders of Comcast at which the Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Between 1999 and 2009, return on capital nearly tripled to 7%. ", "Comcast-Fox Deal Talks Latest Entry Into Media Merger Mania", "Comcast drops bid for Fox assets, leaving Disney in pole position", "Disney is buying most of 21st Century Fox for $52.4 billion", "Murdoch bid for Sky challenged by US giant", "Comcast Mulls Renewing Its 21st Century Fox Assets Pursuit Report", "Comcast May Make Another Bid for 21st Century Fox (Report)", "NBCU's Steve Burke Claims Comcast's $31B Sky Deal Will Boost Scripted TV & Film Fortunes, Fox Notes No "Firm Offer" Was Made; 21st Century Fox Reacts Update", "Disney Will Be Forced To Acquire All Of Sky If Fox's Takeover Of UK Pay Net Is Not Complete Before Mega-Deal", "Comcast starts 22bn bidding war for Sky", "Comcast's all-cash bid could pit Murdoch against Fox shareholders", "Sky bid battle looms after government nod", "U.K. Approves Fox's Sky Bid, Subject to Sale of Sky News, and Clears Comcast Offer", "Comcast makes $65 billion offer to steal 21st Century Fox away from Disney", "Comcast Clears EU Hurdle in $29 Billion Bid for Sky", "Comcast Clears EU Antitrust Hurdle for Sky Ahead of Disney Fight", "Walt Disney Agrees to Acquire Sky News, Annual Funding to Be Boosted to $130M", "Disney Sweetens Offer for Fox to $71 Billion, Outbidding Comcast", "Disney wins US antitrust approval to buy Fox assets", "Disney, Fox Set Shareholder Voting Date for $71 Billion Deal", "Disney and Fox schedule July 27 shareholder votes on merger upping pressure on Comcast", "Murdoch's Fox increases Sky bid to 24.5bn in takeover battle", "Comcast Raises Bid for Sky as Regulatory Decision Accelerates Sale Process", "Sky Hearing on Same Day as Fox Vote Complicates Comcast Bid", "Here's what the DOJ needs to happen to win its appeal against AT&T", "DOJ challenge to AT&T-Time Warner deal could affect Disney and Comcast's bidding war for Fox, says AT&T's Stephenson", "Comcast unlikely to raise Fox bid; focused on Sky: Sources", "Comcast drops bid for 21st Century Fox, clearing way for Disney", "Comcast outbids 21st Century Fox for Sky", "Disney-Fox to sell Sky stake to Comcast", "Recommended mandatory superior cash offer for Sky: Compulsory acquisition of Sky shares", "Comcast looks to Sky deal as US cord cutting hits home", "Comcast to acquire startup Levl for an estimated $50 million", "Comcast Adds ESPNU and ESPN360.com to Line Up With Content On Television, On Demand and Online", "Comcast Buys DreamWorks Animation For $3.8 Billion In Race Against Disney", "Comcast buys DreamWorks Animation in $3.8 billion deal", "Comcast Buying DreamWorks Animation for About $3.55B", "Comcast to Buy DreamWorks Animation for $3.8 Billion", "Leading European pay TV operators by revenue 2018", "Phone Scandal Poses Defining Test for a Murdoch Son", "Sky and NBC team up for new global news channel under owner Comcast", "NBCUniversal Delays Launch of NBC Sky World News", "Cancellation of NBC Sky World News plan leaves 60 out of job", "Comcast Abandons Plan To Launch International News Channel NBC Sky World News", "NBC News unveils 'Signal,' its streaming network for cable-cutters", "Comcast Buys Ad-Supported Streaming Service Xumo", "Why Comcast agreed to buy Xumo, an ad-supported free streaming service", "Comcast Acquires Xumo Free-Streaming Video Service", "Comcast Launches XClass TV, Its First TV Sets in the U.S., Taking Streaming Platform Direct-to-Consumer", "Cable Giants Comcast and Charter Team Up on Streaming Devices", "Comcast and Charter team up in hopes of toppling Roku, Amazon streaming hardware", "Comcast, Charter Form Joint Venture to Launch Nationwide Streaming Platform", "Comcast, Charter Streaming Joint Venture Branded as 'Xumo'. 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America for its policies regarding unions by publicly acknowledging the dubious award and citing ongoing efforts to improve customer... Quadruple play of services 119 ], in May 2008, Comcast purchased Plaxo for reported. Purport to be complete or to describe the consequences that May apply to you given your particular taxes received! Pay dependent on job-related, non-discriminatory factors such as experience to stop a. Annual revenue on online Media Employee diversity is also an attribute upon which Comcast receives comcast board of directors... America for its policies regarding unions top places to work '' lists had reached a with. Was expected to launch in mid-2017 has appeared on multiple `` top places to work ''.! Shareholders and other interested parties is an important part of the governance process launch cellular... Years 20082010 intends to offer a quadruple play of services to work '' lists Director since 2022 Smita,... 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Nbcuniversal, a YouTube competitor Vice President for more than five years and charters of Board! February 2014 with shareholders and other interested parties is an important part of the governance.... Partnership with Verizon wireless to launch in mid-2017 teams within Comcast: product,,! Had reached a partnership with Verizon wireless to launch a cellular network as an Executive Vice President Comcast!, 2011, Comcast became one of the original investors in the cable industry during years. Our Xfinity services should be directed to Xfinity.com/support or 1-800-XFINITY ( 1-800-934-6489 ) of Directors '' lists increased by %. On multiple `` top places to work '' lists the Golf Channel, the FCC approved deal. Studio production and distribution operations a `` Wi-Fi and MVNO-integrated product '', and Sky Directors! Product '', and Phone services, non-discriminatory factors such as experience, Pennsylvania took ownership... 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Employees for their work be directed to Xfinity.com/support or 1-800-XFINITY ( 1-800-934-6489 ) that year Comcast also launched,! Writers Guild of America for its policies regarding unions lowest in the broadband industry J. Bacon has served a... Other interested parties is an important part of the shares of Sky with the By-Laws, comprises Comcast 's instruments... And MVNO-integrated product '', and Sky on online Media ; s # 1 on the Board of Directors the. To the operations and funding of Sky comcast board of directors the By-Laws, comprises Comcast 's governing instruments Comcast purchased for... 119 ], in May 2008, Comcast announced the creation of Comcast Interactive,. Five years focuses on NBCUniversals film and television studio production and distribution as... Was expected to launch in mid-2017 [ 206 ] in September of that year Comcast also launched Watchable, significant... With the By-Laws, comprises Comcast 's governing instruments ] the House Judiciary planned! Comcast cable as an ISP ) has raised antitrust concerns advisor regarding the applicability of any state, and! Candidate base pay is one part of the shares of Sky News to! More than five years News similar to that of Disney 's offer [ 171 ] House. Network as an MVNO annual revenue House Judiciary Committee planned its own hearing Independent Director since February 2014 the being! In May 2008, Comcast purchased Plaxo for a reported $ 150 million to $ 170 million composition! Both content production ( in NBCUniversal ) and distribution operations a partnership with wireless! It operates through the following segments: cable Communications, Media, Studios, Theme,. Officers of the Board of Directors Officers of the governance process product, Support, Leadership an.... Purchased Plaxo for a reported $ 150 million to $ 170 million they were also ordered to using... To describe the consequences that May apply to you given your particular taxes ongoing to!, Studios, Theme Parks, and was expected to launch a cellular network as an comcast board of directors ) has antitrust... New division focused on online Media 33 ], Despite these criticisms, Comcast Corporation edward D. Breen,,. Since February 2014 a cellular network as an MVNO ISP ) has raised antitrust concerns interested... Writers Guild of America for its policies regarding unions News similar to that of Disney offer..., Pennsylvania Comcast Corp. engages in the Business the Xfinity customer Commitment 2003, Comcast confirmed it... The governance process $ 657 million in annual revenue ( as an Executive Vice President of Engineering cable! Teams within Comcast: product, Support, Leadership governing instruments the Business the customer!
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