comcast ceo net worth

The Network Effect: Unveiling The Power Of Networking In Family Offices. Conflict deaths around the world rose 96% last year to 238,000, while the cost to the global economy was estimated at $17.5 trillion, according to a new report. 10 Things You Didn't Know about Comcast CEO Brian Roberts By Garrett Parker Posted on July 11, 2018 Updated on April 8, 2020 You may or may not have heard of Brian Roberts, but you've definitely heard of the company where he works. He routinely gives money to causes he deems important. Hes quite talented when it comes to playing squash. He is the Chief Executive Officer for Comcast, a cable company that many people have inside their homes. WARNING: These 110 Banks Are Planning to Replace the U.S. Dollar. The most recent stock trade was executed by Daniel C. Murdock on 19 June 2023, trading 2,559 units of CMCSA stock currently worth $106,147. Additionally, Mr. Watson receives a salary of $9,340,000.00 as CEO at Comcast. Michael J. Cavanagh - Comcast Corporation Some of Comcast's shareholders are upset that CEO Brian L . Forbes 400: Philly Folks Richer Than Comcast CEO Brian Roberts The conglomerates mobile service, Xfinity Mobile, saw continued growth in 2022, announcing in October that it had added more than 5 million customer lines since its launch in 2017. Today, he makes many lists of the highest-paid corporate executives, with an average of $29 million over the last 3 years (includingsalary, stock options, bonuses, and pension contributions). Hes also landed a number of additional awards for humanitarian causes as well as for creating programming for children and youth. Meanwhile, the broadband business is also bringing it home. Brians commitment to religion and Jewish causes is like every other thing he does: It is extremely personal and low-profile, Ed Rendell, the former Pennsylvania governor, told the Forward. Seven years later, Roberts successfully pitched Microsoft founder Bill Gates for an investment of $1 billion. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Hes also managed to grow the company considerably during his tenure there. Hints, clues and the daily Wordle answer. He returned the next year with $980 million, and reached $1.2 billion on the 2001 FORBES World Billionaires list. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, advertising sales, and Sky channels. Comcast shares have gained nearly 30% in the last year, and over 105% in the last two years. In 2004, he won the Humanitarian Award. A supporter of Jewish organizations, Ralph Roberts has been honored by the Anti-Defamation League and by Bnai Brith International. With that in mind, here are the 10 highest paid CFOs in the country. Previously, Dave served as Chief Operating Officer where he drove the operating strategy and execution . A close confidant of and former top aide to Rendell, Cohen is now in charge of Comcasts greatest challenge convincing regulators and Congress that the series of mergers and acquisitions does not make the Philadelphia company into a media monopoly. This is what her Twitter account reveals about Elon Musks rumored choice for CEO, Bosses have do-gooder fatigue: Theyre done caring about your well-being, The return-to-office battle will resume after Labor Day. Roberts has built his company on bold acquisitions, snapping up NBCUniversal from GE in 2013. House Republicans propose changes to the tax code in the new American Families and Jobs Act. But Roberts dropped out of that elite club as telecom stocks fell in 2003. Dave has worked for three decades in the cable and cellular industries and held leadership roles for the nations top communications services providers. Fact checked by Amanda Bellucco-Chatham What Are the Top 5 Companies Owned by Comcast Comcast Corporation ( CMCSA) is a global media and technology conglomerate. When three Asplundh brothers started the company in . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. If youre thinking that his son managed to become CEO simply because his dad started the company, think again. Good or bad for customer service? As of October 2017, Consumerist is no longer producing new content, but feel free to browse through our archives. It also operates international networks comprising the Sky Sports channels, as well as other digital properties. Get notified the next time David N. Watson buys or sells Comcast stock. He has also led some of the industrys most important transitions from analog to IPTV, from the early rollout of high-speed data to the delivery of gigabit speeds and the expansion of residential products and commercial business services. Ralph Roberts is survived by his wife, Suzanne, his son Brian and three other children. The company has recently gone public and it has been the topic of many conversations. What is Jeff Shell's net worth? All about former NBC Universal CEO He purchased a belt and suspenders company, sold it when competition grew, and then moved on to cable TV, a field that was controlled at the time by small local companies. His wife, Suzanne Roberts, is an actress and television host. The estimated Net Worth of David N Watson is at least $18.9 Million dollars as of 16 May 2023. FC Kaiserslautern Wants To Use US Tour To Enhance Its Profile Abroad, Why The Devils And Kings May Be Fighting Each Other For More Trades, Todays Wordle #739 Hints, Clues And Answer For Wednesday, June 28th, Key Tax Changes Proposed In The New American Families And Jobs Act, Seven Ways To Implement A Family-Friendly Work Culture. His philanthropic giving spans many local and national charities; one of the highlights of his efforts was providing the funding to restore a synagogue located in the historic Eastern State Penitentiary. Steve will be an outstanding addition to an already strong and diverse group of Directors, and we welcome him to the Grainger Board. Mr. White currently serves on the Board of Directors of Hormel Foods Corporation and the Comcast Foundation. Learn More on David N. Watson's salary. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Total Return to Investors (5 year, annualized), Total Return to Investors (10 year, annualized). Learn More on David N. Watson's trading history. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Roberts still lives in Philadelphia with his wife Aileen (who is on the board of the Barnes Foundation and the Childrens Hospital of Philadelphia)and their three children. It was named after Alfred Fleisher, Brian Robertss maternal grandfather, who founded the Jewish house of worship while serving as president of the prisons board of trustees. In addition, he is a member of the Colorado Forum, Executive Leadership Council and Delta Boule Denver. Dave is Chair of the Board of Directors of the Internet and Television Association. He was born in Canada and grew up in Israel. But he's not rich enough to make the just-released Forbes 400 list, a ranking of America's richest people. With over 10 years experience he's covered businesses, CEOs, and investments. Of the couples five children, Brian Roberts was the only one to take an interest in the family business and the relationship he developed with his father is still considered unique. All Rights Reserved. How do I contact David N. Watson? In addition, Mr. White held positions of Senior Vice President, AT&Ts Atlanta cluster, and Regional Vice President with Tele-Communications, Inc. (TCI), which was purchased by AT&T. David N. Watson Net Worth . Steven's mailing address filed with the SEC is 100 GRAINGER PARKWAY, , LAKE FOREST, IL, 60045. All rights reserved. As COO, Dave led all of the cable companys operations and business functions, including sales and marketing, the product teams for Xfinity Internet, Xfinity X1, Xfinity Voice and Xfinity Home, the Comcast Business division, as well as oversight of the Companys three operating divisions and Effectv, the Companys advertising sales unit. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Marc Rowan - Forbes Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Ask The Green Bay Packers Shareholders, Comcast CEO On Expanding Data Caps: The More You Use, The More You Pay, Group Tied To Betsy DeVos Is Trying To Block Feds From Investigating Multilevel Marketers, Uber Founder, CEO Travis Kalanick Steps Down, Makes Leave Of Absence Permanent, Here Is Comcasts 10-Point Action Plan For Winning Over Customers. There are 2 executives that earn more than Mr. Watson. Roberts's net worth reached $1 billion last year. As Comcast stock jumped to record highs in the last week, Chairman and CEO Brian Roberts had even more reason to celebrate than the rest of the companys investors. Both of his parents were also Jewish and he was raised according to that faith while growing up. Both NBCs cable and broadcast operations saw revenue increases, and the overall division grew the top line by nearly 9%. He . You must credit the Forward, retain our pixel and preserve our canonical link in Google search. In Israel, he was the features editor for Haaretz and chief editor of Channel 1 TV evening news. Former Comcast & AT&T CEO Mike Armstrong: I Survived Cancer - Medium He has a real strong affinity to Israel, said David Pudlin, a Philadelphia lawyer and Robertss squash partner, and he is a great squash player.. Mr. Watson owns 893,424 shares of Comcast stock worth more than $35,549,341 as of June 5th. Ralph Robertss approach to business was shaped by the Great Depression. 3. David N. Watson Net Worth (2023) | wallmine Net Worth Awarded and felicitated with many awards and titles, Brian Roberts was one the youngest man to become the President of a company. Franken has already expressed his serious reservations about the Time Warner Cable merger and has called the FCC to apply careful scrutiny before giving it the stamp of approval. His leadership also has been critical to Comcasts efforts to improve customer service and transform the customer experience. During a poker game, Ralph Roberts had heard about a small cable company in Tupelo looking for investors and the three partners decided to step in. The younger Roberts had his first Comcast internship in 1974 at age 15,working on supermarket promotions. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. Donations by Ralph and Brian Roberts allowed the synagogue, which was used in the past by Jewish inmates, to open to visitors in 2009. In one such case, Comcast gave $180,000 to the Baltimore-based Elijah Cummings Youth Program in Israel. With remote teams, it can be harder than ever to maintain a family-friendly work culture. Comcast Corporation is a global media and technology company. As President of Comcast Cellular, Dave led the units operations prior to its sale to SBC Communications. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Check your browser settings or contact your network 5 Companies Owned by Comcast - Investopedia Roberts, a Maccabiah Games squash gold medalist known for his affinity for Israel, has not made his mark on Jewish life. . In addition, he makes $16,939,500 as President & Chief Executive Officer of Comcast Cable at Comcast Corp. David has made over 29 trades of the Comcast Corp stock since 2017, according to the Form 4 filled with the SEC. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Under Bill's leadership, Comcast Business revenue has a 25% CAGR over 15 yearsfrom $265M in 2006 to nearly $10B in 2022. Brian Roberts, 54, chairman and CEO of Comcast, . Roberts made his first visit to Israel for the 1981 Maccabiah Games. This year will feature guys like Deshaun Watson, Lamar Jackson, Patrick Mahomes and Jimmy Garoppolo. Roberts, the son ofComcasts co-founder,has been the companys CEO since 2002. The 57-year-old had also served as president of FOX Cable Network Group back in 2001. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Rank: 108. Mr. Watson is currently 65 years old. Before joining Comcast Cable in 1991, he served for seven years with Comcast Cellular Communications, Inc., first as Senior Vice President of sales and marketing, and later as President. Licht, whose turbulent . Years later, Aaron said that his life was lived in the shadow of the Holocaust. When Brian Roberts joined the family company, Aaron was his first boss. Shareholders with more rights? Robertss love for the sport has also been his sole public manifestation of his Jewish identity, using a squash racquet to express his closeness to other Jews and to Israel. Learn More on Comcast's active insiders. Prior to this, Mr. White was Regional Senior Vice President for Comcast California. Learn More on David N. Watson's age. In the last twelve months, insiders at the cable giant sold shares 6 times. Losses at Peacock, NBCUniversals streaming platform, totaled $2.5 billion in 2022. He, too, is Jewish. The 23 Richest Billionaire NHL Franchise Owners - Business Insider Comcast net worth as of June 27, 2023 is. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 50 years ago, to becoming Americas largest provider of home media content. Brian Roberts father Ralph co-founded Comcast in 1963 with the purchase of American Cable Systems, a 1,200-subscriber cable system in Tupelo, MS. (The original TV service cost only $5/month.) Shiels was awarded the responsibility of the chief financial officer of Williams Partners in January 2010. Powered and implemented by Interactive Data Managed Solutions. From the Philadelphia Inquirer: Members of the House Financial Services Committee, led by Rep. Barney Frank (D., Mass. Getty Images Sports is often seen as a playground for the rich and famous. They have a good market share in the US and probably around the world. The oldest executive at W.W. Grainger Inc. is BrianAnderson, 69, who is the Independent Director. Lynn R. Charytan. The information shown here is a reporting of information included in the company's proxy statement. Cohen is a board member of the Philadelphia Jewish federation and a donor to many local and national Jewish causes. This site uses Akismet to reduce spam. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov Worth: $2.1 billion. Described by all as low key and media shy, both calculated and aggressive, Roberts has led Comcast into a series of acquisitions and mergers that have turned the family business into a media giant. Comcast's CEO Makes $27.8 Million, Does He Deserve It? In high school, he spent recess reading the Wall Street Journal, and after graduating from the Wharton School of the University of Pennsylvania, he asked his father if he could join the business. White serves as Director of the Company. The estimated Net Worth of David N Watson is at least $18.9 Million dollars as of 16 May 2023. On average, Comcast Corp executives and independent directors trade stock every 9 days with the average trade being worth of $3,950,140. David C. Shiels - Williams Partners - $16,863,687. According to Forbes Magazine, Robertss net worth reached $1 billion last year. Roberts is chairman and CEO of Comcast Corporation. Former Comcast & AT&T CEO Mike Armstrong: I Survived Cancer and Here Is How I Did It | by Savio P. Clemente | Authority Magazine | Medium 500 Apologies, but something went wrong on our end.. In, Read More 20 Things You Didnt Know about BitpandaContinue. Broadband Behemoth Comcast Makes CEO Brian Roberts A - Forbes Roberts' father Ralph, who died in June 2015, cofounded Comcast in 1963 with the purchase of a 1,200-subscriber cable system in Tupelo, Mississippi, and took it public in 1972. The younger Roberts had his first Comcast internship at age 15, then made a rapid rise through the company, becoming president in Comcast CEO Brian Roberts' grand plan to merge his cable TV giant with competitor Time Warner Cable were called off in April after it became clear the regulators opposed the proposed $45 billion deal. In this role, he is responsible for all business aspects of the Companys cable operations. Comcast Corp executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. You may also find the annual proxy statement by going directly to the company's website. David N. Watson serves as President & Chief Executive Officer of Comcast Cable of the Company. Now that you know more about the man behind Comcast, it makes it more interesting when you think about the types of programming available through the company. He has served as President, Comcast West Division, of Comcast Corporation since 2009. Comcast Corporation operates as a media and technology company worldwide. read more. There are 6 older executives and no younger executives at Comcast. Nathan Guttman, staff writer, was the Forwards Washington bureau chief. He was a member of the presidents Council on Jobs and Competitiveness and hosted President Barack Obama at his summer home in Marthas Vineyard. Thanks for visiting Consumerist.com. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Coronavirus Tips Working and Protection, For its 2022 fiscal year, COMCAST CORP, listed the following executives on its annual proxy statement to the SEC. Comcast's Chairman & Chief Executive Officer is Brian L. Roberts. He took it public in 1972. Please email us at [emailprotected], subject line republish, with any questions or to let us know what stories youre picking up. Comcast fired Jeff Shell, NBCUniversals CEO, in April 2023, after a CNBC news anchor alleged that he had sexually harassed her. With the stock surge, Roberts returned to billionaire status for the first time since 2001. May 31, 2022 Michael C. Jennings is leading the company as the chief executive officer. nbcuniversal operates news, entertainment and sports cable networks, the nbc and telemundo broadcast networks, television production operations, television station groups, universal pictures and universal parks and resorts. The Perfect Family Stay Is At The Andaz Maui, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. While cable providers have been losing television subscribers consistently, Comcast seems to have slowed that decline. He served as vice chairman and is credited with pushing Comcast into the internet business, but when it came time to pass the business on to the next generation, Ralph Roberts, who by then owned a larger share of the company, brought in his son to take over. However, Comcast stock had peaked, and his last two appearances on the FORBES 400 ranking in 2002 and 2003 saw his net worth fall to $650 million and then $625 million. The 54-year-old first cracked the FORBES 400 ranks in 1999 as Comcast marched toward becomingthe largest cable operator in the United States. Check out some of our greatest hits below, explore the categories listed on the left-hand side of the page, or head to CR.org for ratings, reviews, and consumer news. The figure pushes back against conventional wisdom that adoption has plateaued in the U.S. since many homes already have high-speed internet. The club from the German state of Rhineland-Palatinate, is not just one of Germanys most storied clubs, but also has a solid connection to the United States. At Penn he was also an All-American in squash, and earned a gold medal with the U.S. squash team in 2005 at the Maccabiah Games in Israel. David N. Watson has not been actively trading shares of Comcast over the course of the past ninety days. Whats It Like To Be An NFL Owner? Before joining the cable industry, Mr. White spent six years with the Colgate-Palmolive Company. Heres how employers can bring back workers for good. Roberts declined to comment for this story. The largest trade he's ever made was exercising 487,486 units of Comcast Corp stock on 16 March 2020 worth over $4,309,376. Comcast CEO Brian Roberts' grand plan to merge his cable TV giant with competitor Time Warner Cable were called off in April after it became clear the regulators opposed the proposed $45. The company markets its consumer cable . administrator. Key changes may mean tax savings to individuals and business owners. On Capitol Hill they will meet opposition led by Senator Al Franken, a Democrat from Minnesota, who in the past grilled Roberts over the NBC deal. Previously, Dave served as Chief Operating Officer where he drove the operating strategy and execution that have led to the phenomenal growth of Comcast Cable into the nations largest ISP and one of the largest video providers. He debuted on that list with $750 million. Please check your download folder. Chinese developer Kingsford Huray Development and a consortium led by billionaire Wee Cho Yaws UOL submitted top bids for two prime sites across Singapore, with most developers remaining cautious amid soaring interest rates and governments recent property cooling measures. But by the age of 30, Brian Roberts was already CEO. The Los Angeles Kings and New Jersey Devils helped kick off the 2023 off-season, but could this be foreshadowing the team's next battle for goaltending? Brian L. Roberts - Wikipedia Contact Nathan Guttman at [emailprotected] or on Twitter @nathanguttman. Brian L. Roberts, chairman and CEO of Comcast Kenneth J. Bacon, former Fannie Mae executive Thomas J. Baltimore, Jr., chairman, president and chief executive officer of Park Hotels & Resorts Madeline S. Bell, president and CEO of Children's Hospital of Philadelphia Edward D. Breen (lead independent director), executive chairman and CEO of DuPont . He joined the staff in 2006 after serving for five years as Washington correspondent for the Israeli dailies Haaretz and The Jerusalem Post. Comcast was established in 1969 by Robertss father Ralph and his two Jewish partners, Daniel Aaron and Julian Brodsky. The company is headquartered in Philadelphia, Pennsylvania. Now that you know more about who hes associated with, its time to find out more information about him specifically.

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