Sign in

    Brian L. Roberts

    Chairman and CEO at Comcast Corp
    Board
    Since 1986
    Age
    65 years
    Tenure
    Started as an executive officer in 1986, was appointed director in March 1988, served as President until October 2022, and has held the roles of Chairman (since 2004) and CEO (since 1986) at CMCSA.

    Also at Comcast Corp

    DCM
    Daniel C. Murdock
    EVP, Chief Accounting Officer
    JSA
    Jason S. Armstrong
    Chief Financial Officer (CFO)
    JK
    Jennifer Khoury
    Chief Communications Officer

    About

    Brian L. Roberts has been an integral part of CMCSA since 1986, beginning his career as an executive officer and taking on a pivotal leadership role that eventually led to his current position as Chairman and Chief Executive Officer.

    His professional journey includes a directorship starting in March 1988 and a tenure as President until October 2022, which highlights a diverse and steadily advancing career within the company.

    In addition to his executive positions, he wields significant influence over Comcast’s strategic direction by virtue of sole voting power over approximately 33 1/3% of the combined voting share and beneficial ownership of all outstanding Class B common stock.

    On a personal note, he is the son of the late founder of Comcast, which reinforces his deep-rooted connection to the company’s legacy and ongoing success.

    $CMCSA Performance Under Brian L. Roberts

    Past Roles

    OrganizationRoleDate RangeDetails
    Comcast Corporation President 1990 - October 2022 Served as President prior to becoming Chairman and CEO

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $2,500,000 Annually [N/A]Remained unchanged from 2022

    Performance Compensation

    Data from  FY 2023

    Non-Equity Incentive Plan Compensation

    Metric (Unit & Scale) [N/A]Threshold Payout [USD]Target Payout [USD]Maximum Payout [USD]Weighting (%)
    Overall Bonus$1,050,000 $7,500,000 $13,875,000 N/A

    Performance Metrics:

    • Financial Metrics (70%) comprising:
      • Adjusted EBITDA (35%): Range $35.287B – $40.858B; Actual Achievement: 45%.
      • Free Cash Flow (28%): Range $10.836B – $16.572B; Actual Achievement: 28%.
      • Revenue (7%): Range $116.907B – $135.366B; Actual Achievement: 6%.
    • Operating Performance (15%): Evaluated on long-range plans and collaboration.
    • Stakeholder & Sustainability Initiatives (15%): Includes digital equity, environmental sustainability, and company culture.

    Evaluation Period: 2023. No vesting schedule applies as it is a bonus payment.

    Stock Awards (Performance Stock Units - PSUs)

    Details [N/A]Value/Description
    Grant Date March 1, 2023
    Grant Date Fair Value $15,024,591
    Performance Metrics ROIC (50%) and Relative Adjusted EPS Growth (50%); thresholds from 50% (minimum) to 200% (maximum) payout with 100% as target; plus a Relative TSR Modifier (±25%)
    Vesting Schedule Cliff vesting 100% on the third anniversary of the grant date
    Evaluation Period Three-year performance period starting 2023

    Option Awards

    Details [N/A]Value/Description
    Grant Date March 1, 2023
    Approval Date February 28, 2023
    Grant Date Fair Value $9,200,027
    Exercise (Base) Price $36.63 per share
    Number of Shares 1,104,445 shares
    Vesting Schedule 20% annually over five years starting on the first anniversary (March 1, 2024; thereafter each year until 2028)
    Performance Condition Value is achieved if the stock price appreciates above $36.63; no explicit performance thresholds beyond market price performance

    These components align executive compensation with company performance and shareholder value creation.