Directors Timothy Adams Mindyjane Berman Iris Boci Gary Bridges David Deets Dee Dukes Gordon Fink Trenya Garner [111] In 2004, Comcast sold its QVC shares to Liberty Media for $7.9 billion.[112]. "[201] On the next day, CEO of AT&T Randall Stephenson gave an interview with CNBC, about Comcast's bid for Fox: "It probably can't help it. Michelle Lund. Officers of the Foundation Lorina Marshall-Blake President Juan Lopez Treasurer Community Report [118], Comcast announced in May 2007[119] and launched in September 2008 a dashboard called SmartZone that allowed users to perform mobile functions online. Edward D. Breen, Director, Comcast Corporation Edward D. Breen* has served as a director since February 2014. This document, together with the By-Laws, comprises Comcast's governing instruments. We highlight various female leaders in the broadband industry. 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. 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 . [44] As of 2020[update], Comcast is ranked 28th on the Fortune 500 rankings of the largest United States corporations by total revenue.[45]. Elizabeth sits on the Board of Directors for the Association of National Advertisers, the Ad Council and the YMCA of Greater New York and most recently joined the MMA Global Board of Directors. Secondary Contact. [226], Xumo is a free ad-supported streaming television (FAST) service, which Comcast acquired on February 25, 2020 for an undisclosed amount. [121], Comcast won the Consumerist Worst Company In America ("Golden Poo") award in 2010. Revenues grew sixfold from 1999's $6billion to almost $36billion in 2009. [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. [171] The partnership and the addition of wireless would allow Comcast to offer a quadruple play of services. Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),[note 1] headquartered in Philadelphia, is the largest American multinational telecommunications conglomerate. 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. Mark Aslett is President and Chief Executive Officer, and a member of the Board of Directors. Brian is a member of the Business Roundtable and served on President Obamas Council on Jobs and Competitiveness. [68] Comcast is also a major backer of the National Cable and Telecommunications Association Political Action Committee, which raised $2.6 million from 2011 to 2012. Board Member and Management Consultant. Comcast denied the rumors at first, while NBC would not comment on them. Base pay is one part of the Total Rewards that Comcast provides to compensate and recognize employees for their work. This was the second time Comcast had been awarded this title, the first being in 2010. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. International stock quotes are delayed as per exchange requirements. Circuit to reverse the District Court's approval for AT&T acquisition of Time Warner (now renamed WarnerMedia). [184], On May 7, 2018, Comcast announced a potential bid against Disney's effort to acquire Fox after it spoke to investment banks about making a $60 billion cash offer, pending on approval of the AT&TTime Warner merger. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. 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. Comprised of the most innovative leaders in media, technology, marketing, and advertising, our Board of Directors rallies our communities to grow our impact exponentially. 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. 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. Today, Comcast Corporation has approximately 186,000 employees worldwide and $121 billion in annual revenue. Board of Directors This section contains our Board of Directors' biographies. The new service, described as being a "Wi-Fi and MVNO-integrated product", and was expected to launch in mid-2017. In response, Comcast increased its bid to $34 billion, and $19.5 a share. Kenneth J. Bacon has served as a director since November 2002. Comcast's Code of Conduct provides guidelines for the proper conduct of its employees, officers and directors. [133][134] It was also reported that Time Warner would be interested in placing a bid, until CEO Jeffrey L. Bewkes directly denied interest,[135] leaving Comcast the sole bidder. None other than: Frank Carlucci (of The Carlyle Group) Television Holdings: CBS: includes 14 stations and over 200 affiliates in the US. The ACSI indicates that almost half of all cable customers (regardless of company) have registered complaints, and that cable is the only industry to score below 60 in the ACSI. Michael J. Angelakis has served as the Chief Financial Officer of Comcast Corporation for more than five years. [253][255], In June 2021, the Supreme Court rejected a petition for review by Comcast regarding an anti-trust lawsuit by Viamedia, Inc. after the Biden administration had recommended against review. According to the Global Leaders Forum Survey, the gender gap is highest in . [151] On February 13, it was reported that Time Warner Cable agreed to the acquisition. [100][101] This consolidated Comcast's control over all of the Philadelphia region, and earned them approximately 1.3 million additional cable subscribers. On September 22, 2018, Comcast outbid 21st Century Fox, by raising its bid for Sky plc to $40 billion, or $22.57 a share. 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]. He played his final season for the New York Yankees in 2014. 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. [174] The service was officially announced on April 6, 2017, as Xfinity Mobile.[175]. Comcast Board Members Name & TitleBio Brian L. Roberts CEO Brian Michael Roberts (born October 9, 1977) is an American former professional baseball second baseman. Mark G. Parker Mr. Parker, 66, is Executive Chairman of the Board of Directors of the Company and has been a director since 2006. Its ownership of both content production (in NBCUniversal) and distribution (as an ISP) has raised antitrust concerns. [22] Brian L. Roberts, its chairman, president and CEO, is the son of founder Ralph J. Roberts (19202015). Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. [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. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. "[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. [209], Comcast Cable, which goes by the brand name Xfinity, provides cable television, broadband internet, and home telephone services. Key People Comcast Corp. Cl A Board of Directors Name/Title Current Board Membership expand All Executives Brian L. Roberts Chairman & Chief Executive Officer Michael J. Cavanagh President. Our Board of Directors is focused on creating long-term value for Adobe stockholders. [147][148] The acquisition was completed on March 19, 2013. Fox's offer is contingent on the divestiture of Sky News. [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. John Farris, Secretary. Senior Manager, External Affairs Comcast. Sky News Names Former CBS News President David Rhodes Executive Chairman. Director, Government Affairs at Comcast . Haley Scheer. As its customer satisfaction eroded by 7% over the past year, revenue increased by 12%." [74] Municipal broadband restrictions of varying scope have been passed in a total of 20 U.S. All rights reserved. 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! 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