Brian Roberts, CEO of Comcast, Is Focused on Innovation and Entrepreneurialism

Brian Roberts, Chairman and CEO of Comcast Corporation, works to foster innovation and entrepreneurialism throughout his organization.

Brian Roberts, Chairman/CEO, Comcast Corporation

Comcast Cable, one of two divisions of Comcast Corporation (the other being NBCUniversal), has 29 million customers and will continue to have a strong foothold as cable in general continues to innovate and diversify to maintain and grow its marketshare. Philadelphia-based Comcast is an $84 billion company with 159,000 employees worldwide.

In 2016, the year of its most recent annual report, the company increased revenue by 8%, operating cash flow by 7%, and generated over $8 billion in free cash flow. It also returned $7.6 billion to shareholders in dividends and share repurchases. Earlier this year, Comcast increased its dividend by 15%, split its stock and increased share repurchase authorization to $12 billion.

It’s cable business maintained its strength, gaining 858,000 new customers, or 29% over the previous year. Comcast continues to move into living streaming, with its $18 Xfinity service. The service is deployed to more than 50% of its video customer base, which grew by 161,000 in 2016.

NBCUniversal also had a strong year. In a company statement, Roberts said the division continued to deliver outstanding performance, with 17.3% revenue growth and 22.6% Adjusted EBITDA growth.

In his annual letter to the shareholders in the 2016 Annual Report, Roberts emphasized the company’s dedication to innovation and customer service.

Putting customers first, he said, the company’s culture “celebrates uniqueness and entrepreneurialism, while also encouraging connections across the organization that enhance our overall success.” He emphasized the company’s commitment to diversity and inclusion, and in September, Comcast NBCUniversal was named by Fortune as a top workplace for women. Comcast NBCUniversal is also ranked No. 4 on the 2017 Military Friendly Employer list.

Brian Roberts, Chairman/CEO, Comcast Corporation, is No. 34 on the CEO1000 Tracker, Chief Executive and RHR International‘s ranking of the top 1,000 CEOs of public/private companies.


Facts about Brian Roberts

Chairman (Since May 2004) and CEO (Since November 2002), Comcast

Previous Position: President

Company start date: 1980

First Position at Company: Comptroller

Age: 57

Education: B.S. from the Wharton School of the University of Pennsylvania


MORE LIKE THIS

  • Get the CEO Briefing

    Sign up today to get weekly access to the latest issues affecting CEOs in every industry
  • upcoming events

    Roundtable

    Strategic Planning Workshop

    1:00 - 5:00 pm

    Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

    Executives expressed frustration with their current strategic planning process. Issues include:

    1. Lack of systematic approach (70%)
    2. Laundry lists without prioritization (68%)
    3. Decisions based on personalities rather than facts and information (65%)

     

    Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

    To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

    New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

    Women in Leadership Seminar and Peer Discussion

    2:00 - 5:00 pm

    Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

    Limited space available.

    To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

    Golf Outing

    10:30 - 5:00 pm
    General’s Retreat at Hermitage Golf Course
    Sponsored by UBS

    General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

    The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

    To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.