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Brian L. Roberts

Chairman and CEO at COMCAST
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

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.

Interviews

Comcast chairman Brian Roberts: Always looked at the Olympics as our R&D laboratory thumbnail

Comcast chairman Brian Roberts: Always looked at the Olympics as our R&D laboratory

CNBC Television
5:26 min
Jul 31, 2024
Watch CNBC's full interview with Comcast Chairman & CEO Brian Roberts and President Michael Cavanagh thumbnail

Watch CNBC's full interview with Comcast Chairman & CEO Brian Roberts and President Michael Cavanagh

CNBC Television
18:47 min
Aug 2, 2024
Comcast's CEO Roberts on the Future of Media thumbnail

Comcast's CEO Roberts on the Future of Media

Bloomberg Live
28:48 min
Oct 10, 2024
Roberts: 'Very Little' Net Loss for Comcast in Streaming thumbnail

Roberts: 'Very Little' Net Loss for Comcast in Streaming

Bloomberg Podcasts
3:49 min
Oct 10, 2024