Comcast’s Roberts Extends Contract Through 2015

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Comcast said it extended the contract of chairman and CEO Brian Roberts for a year to June 30, 2015.

Roberts, son of company founder Ralph Roberts, has been CEO since 2002. His employment agreement was similarly extended last year.

In 2013, Roberts received total compensation of $31.4 million, up 8% from the prior year.

Roberts has grown Comcast into the nation’s biggest cable operator and broadband provider. It will become even bigger if its acquisition of Time Warner Cable is completed.

Roberts also pushed Comcast into the programming business by acquiring NBCUniversal.

Jon Lafayette
Jon Lafayette

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.