Comcast Corporation Names Steve Burke Chief Operating Officer
Burke Also Announces Reorganization of Leadership Team of Comcast Cable
PHILADELPHIA, July 6 /PRNewswire/ -- Comcast Corporation today announced that Steve Burke has been named Chief Operating Officer of the company. Burke will remain as President of Comcast Cable.
"Steve has done a fantastic job leading the tremendously successful integration of Comcast and AT&T Broadband over the past 18 months," Brian L. Roberts, Chairman & CEO of Comcast said. "Steve is one of the outstanding leaders of the cable industry and has effectively been performing the functions of COO of Comcast for some time," Mr. Roberts added.
Mr. Burke has been President of Comcast Cable since 1998. Before joining Comcast, Mr. Burke worked at The Walt Disney Company, where he served as President of ABC Broadcasting. In that role, he was responsible for the 10 ABC-owned television stations; the ABC Radio Group, consisting of 27 radio stations and eight radio networks; and Buena Vista Television, the company's domestic syndication arm.
Also today, Mr. Burke announced a reorganization of the leadership team of Comcast Cable. Under the new structure, Dave Watson will be Executive Vice President, Operations and Mike Tallent will be Executive Vice President, Finance and Administration. The reorganization is designed to allow Mr. Watson and Mr. Tallent to assume greater responsibility for the day-to-day operations of Comcast Cable.
Under the new organization, Comcast's five field Division Presidents, the high-speed Internet and telephone businesses, Comcast Spotlight, and sales and marketing will report to Mr. Watson. Cable finance and accounting, administration, information technology, programming administration, engineering operations, customer service, and Comcast SportsNet will report to Mr. Tallent.
In addition to Mr. Watson and Mr. Tallent, Dave Fellows, Chief Technology Officer, and Steve Silva, Executive Vice President of New Business Development, will continue to report to Mr. Burke. Responsibility for Comcast's Programming Investments Division headed by Amy L. Banse and the Company's content assets (which previously reported to Mr. Roberts) will also be shifted to Mr. Burke. The E! and Style businesses will report directly to Mr. Burke, while The Golf Channel, Outdoor Life Network, G4techTV, and new content business development (including oversight of TV One) will report to Ms. Banse.
"We have an outstanding leadership team at Comcast Cable. Our great strength is our people, and the integration of the AT&T cable systems was a success because we had such management depth, including great leadership from Dave Watson and Mike Tallent," Mr. Burke said. "This realignment will enable us to manage our growing business more effectively," Mr. Burke added.
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (http://www.comcast.com) is principally involved in the development, management and operation of broadband cable networks and programming content. The Company is the largest cable company in the United States, serving more than 21 million cable subscribers. The Company's content businesses include majority ownership of Comcast Spectacor, Comcast SportsNet, E! Entertainment Television, Style Network, The Golf Channel, Outdoor Life Network and G4. Comcast Class A common stock and Class A Special common stock trade on The NASDAQ Stock Market under the symbols CMCSA and CMCSK, respectively.
Jenni Moyer, +1-215-851-3311, both of Comcast Corporation