Comcast Corporation (NASDAQ:CMCSA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On March 17, 2017, Neil Smit, Senior Executive Vice President of
Comcast Corporation (Comcast) and President and Chief Executive
Officer of Comcast Cable Communications (Comcast Cable),
announced his intention to retire as President and CEO of Comcast
Cable after seven years of service with Comcast. Effective April
1, 2017, Mr. Smit will assume a new role as a Vice Chairman of
Comcast, and Dave Watson, currently the Chief Operating Officer
of Comcast Cable, will become its President and CEO. In his new
part-time role, Mr. Smit will work with Mr. Watson to ensure a
smooth leadership transition and also will work with Comcast
business leaders to identify future technology-oriented
On March 20, 2017, Comcast issued a press release with respect to
the foregoing, which is attached hereto as Exhibit 99.1.
Item 9.01(d). Exhibits.
|99.1||Press Release dated March 20, 2017|
About Comcast Corporation (NASDAQ:CMCSA)
Comcast Corporation is a media and technology company. The Company’s primary businesses include Comcast Cable and NBCUniversal. Its Comcast Cable business operates in Cable Communications segment. Its NBCUniversal business consists of four segments, which include Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks. Its Cable Communications consists of the operations of Comcast Cable, which provides video, Internet and voice services to residential customers under the XFINITY brand. Its Cable Networks consists of national cable networks, regional sports and news networks, international cable networks and cable television studio production operations. Its Broadcast Television consists of the NBC and Telemundo broadcast networks. Its Filmed Entertainment consists of the operations of Universal Pictures. The Company’s Theme Parks consists in Universal theme parks in Orlando, Florida and Hollywood, California. Comcast Corporation (NASDAQ:CMCSA) Recent Trading Information
Comcast Corporation (NASDAQ:CMCSA) closed its last trading session up +0.11 at 37.57 with 32,703,073 shares trading hands.