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. Comcast's Code of Conduct provides guidelines for the proper conduct of its employees, officers and directors. [239], Comcast spends millions of dollars annually on lobbying. EXECUTIVE BOARD & Active Director. Shareholder Services Kenneth J. Bacon Madeline S. Bell Edward D. Breen * Gerald L. Hassell Jeffrey A. Honickman Maritza G. Montiel Asuka Nakahara David C. Novak Brian L. Roberts *Lead Independent Director Stock Volume Change Last Trade Data Provided by Refinitiv. In addition, numerous customers reported inappropriate name-calling and interrogation by customer service representatives. Prior to his current position, Hoplamazian served as president of The Pritzker Organization (TPO), the principal financial and investment advisor for Pritzker family . Joseph Moran By Patty Tascarella - Senior Reporter, Pittsburgh Business Times Oct 2, 2020 PNC Financial Services Group. $3,010,000. [90] Two years later, the company's mobile division, Comcast Cellular, purchased a controlling interest in Metromedia's Philadelphia-area cellular telephone interests, Metrophone. [163] Several states' attorneys general have announced support for the federal investigation. [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. [160] The House Judiciary Committee planned its own hearing. [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. [124], In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted Adelphia Cable. International stock quotes are delayed as per exchange requirements. Engage via Email. Our board currently consists of 10 directors. Moved to the UK in mid-2020, at that time running broadcasting for News Corp's British arm. Board of Directors This section contains our Board of Directors' biographies. He served as President and Chief Executive Officer of the Company from 2006 - 2020. The ACSI analysis also addresses this contradiction, stating that "Such pricing power usually comes with some level of monopoly protection and most cable companies have little competition at the local level. 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. Board of Directors. [94], Comcast offered internet connection for the first time in 1996, with its part in the launch of the @Home Network. 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 . a***@cable.comcast.com. 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. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. [205] On September 25, 2018, Comcast bought a 30% stake of Sky plc. CNN's Executive Vice President of Programming, CNN U.S. is Michael Bass. Our Board of Directors is focused on creating long-term value for Adobe stockholders. [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. They primarily carried local programs and sports (including, in some cases, serving as the designated overflow channel for local regional sports networks). The information here is provided for your convenience only. Ian.Frazer@lennar.com It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. We highlight various female leaders in the broadband industry. Can it overcome past failures? DAN GONZALEZ Group Vice-President, State Government Affairs Charter Communications. 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. Sky News Names Former CBS News President David Rhodes Executive Chairman. [77] Critics have noted that many of the strongest supporters of Comcast's business deals have received substantial funding from the Comcast Foundation. [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. 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]. [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. Executive Vice President Customer Experience. [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. 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. Comcast develops broadband cable networks and is involved in electronic retailing and television programming content. [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. Contact the Board or Audit Committee. [247], On August 8, 2016 an official Comcast employee confirmed that Comcast was changing native 1080i channels to the 720p60 format. [63][78] However, it is important to note that for years, Comcast has been relying on subsidiaries to finance philanthropic pursuits. Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 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. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. 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). ACTIVE DIRECTOR TRENT CLAUSEN Vice President of Engineering Comcast Cable. He played his final season for the New York Yankees in 2014. The information here is provided for your convenience only. [27] As of 2019, the company had 184,000 employees.[28]. Its ownership of both content production (in NBCUniversal) and distribution (as an ISP) has raised antitrust concerns. General Counsel, Farris Bobango PLC. Zach Bates, Vice-Chair & Treasurer. 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. Pat Gallagher. 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. 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! Every public company is legally required to install a board of directors; nonprofit organizations and many private companies - while not required to - also name a board of directors. Board Member and Executive Director of The Walt Disney Family Museum. [198][199] On July 18, 2018, Bloomberg reported that the Sky board scheduled July 27, 2018 as the day shareholders vote on selling Sky properties. [162] In March 2014, the division's chairman, William Baer, recused himself because he was involved in the prior Comcast NBCUniversal acquisition. 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. He made his Major League Baseball (MLB) debut with the Baltimore Orioles in 2001 and played for the team until 2013. ", "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'. 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. Officers of the Foundation Lorina Marshall-Blake President Juan Lopez Treasurer Community Report The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. 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. Sky plc Orioles in 2001 and played for the team until 2013 ] as of,. Your convenience only, numerous customers reported inappropriate name-calling and interrogation by customer service.... ] on September 25, 2018, Comcast bought a 30 % stake Sky! 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