The average Comcast executive compensation is $237,990 a year. His mom was both a playwright and an actress. At Penn he was also an All-American in squash, and earned a gold medal with the U.S. squash team in 2005 at the Maccabiah Games in Israel. From the Philadelphia Inquirer: Members of the House Financial Services Committee, led by Rep. Barney Frank (D., Mass. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Brian L. Roberts is Chairman and CEO of Comcast Corporation. Chinese developer Kingsford Huray Development and a consortium led by billionaire Wee Cho Yaws UOL submitted top bids for two prime sites across Singapore, with most developers remaining cautious amid soaring interest rates and governments recent property cooling measures. Whats It Like To Be An NFL Owner? Roberts family - Forbes May 31, 2022 Michael C. Jennings is leading the company as the chief executive officer. The most active insiders traders include Harold B Smith, Ernest Scott Santi, and Richard L Keyser. In fact, he considers this to be much more than a hobby and has even gotten some notable recognition for his efforts. What is Jeff Shell's net worth? All about former NBC Universal CEO Jeff. 2023 Fortune Media IP Limited. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. The median estimated compensation for executives at Comcast including base salary and bonus is $240,125, or $115 per hour. With the stock surge, Roberts returned to billionaire status for the first time since 2001. Hints, clues and the daily Wordle answer. Former NBCUniversal CEO. We are a mixed marriage, so our kids were raised with a little less Judaism than I was raised with, Roberts said in video produced by Maccabi USA, and so I was always looking for a way to connect them in a way that felt natural., He recalled that his daughters were moved by the symbolic bat mitzvah ceremony held for young Maccabiah participants, prompting the family to decide to have a normal bar mitzvah for [their] son. The world of Jewish athletics, Roberts added, really played a very meaningful role in helping us go through some very complicated and personal issues.. Roberts, the son ofComcasts co-founder,has been the companys CEO since 2002. While cable providers have been losing television subscribers consistently, Comcast seems to have slowed that decline. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. But the streaming service reported 20 million U.S. paid subscribers in the last quarter of 2022, up 5 million from the previous quarter. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, The company is headquartered in Philadelphia, Pennsylvania. ), approved a bill last week that would give shareholders an advisory vote on pay. Roberts, a Maccabiah Games squash gold medalist known for his affinity for Israel, has not made his mark on Jewish life. Copyright 2023 The Forward Association, Inc. All rights reserved. On average, David trades about 49,027 units every 45 days since 2014. Comcast president Michael Cavanagh has since stepped in to oversee NBCUniversal. Terms & Conditions. Phreesia serves a broad, Read More 20 Things You Didnt Know About PhreesiaContinue, For those who are too young to remember the Great Electronic Retail Wars of the 90s, there was some intense competition between several national and local electronic retail stores, which included Radio Shack, Circuit City,, Read More 20 Cool Facts You Didnt Know About Best BuyContinue, The theme of the 2019-2020 NFL postseason is ushering in a new era of quarterbacks. Forbes 400: Philly Folks Richer Than Comcast CEO Brian Roberts The recent uproar stems, in large part, from Home Depots former CEO Robert Big Bob Nardellis undeserved $211 million package. In one such case, Comcast gave $180,000 to the Baltimore-based Elijah Cummings Youth Program in Israel. Franken has already expressed his serious reservations about the Time Warner Cable merger and has called the FCC to apply careful scrutiny before giving it the stamp of approval. Ralph Roberts sent the designated heir to start from the bottom, selling cable subscriptions door to door and climbing cable poles. Hes achieved the position through hard work and dedication and hes earned every promotion hes ever gotten in the company. David N. Watson Net Worth . WARNING: These 110 Banks Are Planning to Replace the U.S. Dollar. David Watson Net Worth (2023) | wallmine The next year he trained asa cable installer, including how tohandle service calls and climb poles. He returned the next year with $980 million, and reached $1.2 billion on the 2001 FORBES World Billionaires list. The estimated net worth of David N. Watson is at least $35.55 million as of March 16th, 2020. You may also find the annual proxy statement by going directly to the company's website. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. This year will feature guys like Deshaun Watson, Lamar Jackson, Patrick Mahomes and Jimmy Garoppolo. He has served as President, Comcast West Division, of Comcast Corporation since 2009. Roberts appeared for the first time on the FORBES 400 Richest Americans list in 1999 after inheriting the majority of his fathers Comcast stock. Some of Comcasts shareholders are upset that CEO Brian L. Roberts made $27.8 million dollars last year, and are part of a growing number of shareholders who want a say in how much a CEO gets paid. David N. Watson serves as President and Chief Executive Officer, Comcast Cable. Mr. Watson owns over 8,809 units of Comcast Corp stock worth over $2,007,300 and over the last 9 years he sold CMCSA stock worth over $0. While he is a Republican, he also has the capacity to look at things from a more objective standpoint and decide whats best for the public as a whole. Brian Roberts, who considers his father a mentor and his closest business partner, started visiting the Comcast offices at the age of 13, poring through annual reports and documents. David N. Watson - Comcast Corporation FC Kaiserslautern Wants To Use US Tour To Enhance Its Profile Abroad, Why The Devils And Kings May Be Fighting Each Other For More Trades, Todays Wordle #739 Hints, Clues And Answer For Wednesday, June 28th, Key Tax Changes Proposed In The New American Families And Jobs Act, Seven Ways To Implement A Family-Friendly Work Culture. Join the Forward (in person in Aspen) for a wide-ranging conversation with Craig Newmark, founder of craigslist and Craig Newmark Philanthropies, and Jodi Rudoren, editor-in-chief of the Forward. This report is not for commercial use. Roberts, he added, does not carry these things on his chest.. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov Shareholders with more rights? William R. Stemper, President, Comcast Business - Comcast Corporation Broadband Behemoth Comcast Makes CEO Brian Roberts A - Forbes He has served as President, Comcast West Division, of Comcast Corporation since 2009. He had the greatest heart and social conscience, Roberts recalled when discussing his involvement with Steven Spielbergs Shoah Foundation. Roberts, the son of Comcast's co-founder, has been the company's CEO since 2002. Key changes may mean tax savings to individuals and business owners. 10. The information shown here is a reporting of information included in the company's proxy statement. The younger Roberts had his first Comcast internship at age 15, then made a rapid rise through the company, becoming president in 1990 at age 31 and inheriting the majority of his father's stock in 1999. Please use Chrome, Safari, Firefox, or Edge to view this site. Learn More about David N. Watson's net worth. The shares were sold at an average price of $45.69, for a transaction totalling $2,988,582.90. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Roberts owns 33.3% of the company and acts as the Chairman and CEO. Comcast Corporation's annual revenue has since grown to $94.5 billion. 3. In addition, he is a member of the Colorado Forum, Executive Leadership Council and Delta Boule Denver. Ralph Roberts is survived by his wife, Suzanne, his son Brian and three other children. Since that time, hes had a leadership role at the company in one capacity or another. David N. Watson Net Worth (2023) | wallmine This is what her Twitter account reveals about Elon Musks rumored choice for CEO, Bosses have do-gooder fatigue: Theyre done caring about your well-being, The return-to-office battle will resume after Labor Day. Conflict deaths around the world rose 96% last year to 238,000, while the cost to the global economy was estimated at $17.5 trillion, according to a new report. All rights reserved. All Rights Reserved. Rowan met Apollo cofounders. He purchased a belt and suspenders company, sold it when competition grew, and then moved on to cable TV, a field that was controlled at the time by small local companies. Under Bill's leadership, Comcast Business revenue has a 25% CAGR over 15 yearsfrom $265M in 2006 to nearly $10B in 2022. Four years later, again representing the United States at squash, he proposed to his future wife Aileen Kennedy in Israel, and in later years both of their daughters played in the Maccabiah Games. . The most recent insider tranaction occured on February, 21st when Major Shareholder Corp Comcast sold 37,176 shares worth more than $75,467.28. This chart shows David N Watson's buying and selling at Comcast by year and by quarter. And that is certainly true when it comes to the NHL, where the wealthiest 23 men and women have a combined. But he's not rich enough to make the just-released Forbes 400 list, a ranking of America's richest people. Brian Roberts - Forbes He was born in Canada and grew up in Israel. It looks like portions of our site are being blocked! Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices In Israel, he was the features editor for Haaretz and chief editor of Channel 1 TV evening news. Described by all as low key and media shy, both calculated and aggressive, Roberts has led Comcast into a series of acquisitions and mergers that have turned the family business into a media giant. including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. He, too, is Jewish. In high school, he spent recess reading the Wall Street Journal, and after graduating from the Wharton School of the University of Pennsylvania, he asked his father if he could join the business. COMCAST CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. House Republicans propose changes to the tax code in the new American Families and Jobs Act. You can see the complete history of Mr. Watson stock trades at the bottom of the page. Comcast added a net of 187,000 internet subscribers, their highest total since 2008. Heres how employers can bring back workers for good. Comcast can also be reached via phone at (215) 286-1700. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 10 Things You Didn't Know about Comcast CEO Brian Roberts - Money Inc The 23 Richest Billionaire NHL Franchise Owners - Business Insider In this role, he is responsible for all business aspects of the Companys cable operations. There are 3 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. The largest trade he's ever made was exercising 487,486 units of Comcast Corp stock on 16 March 2020 worth over $4,309,376. Comcast | CMCSA Stock Price, Company Overview & News - Forbes It was named after Alfred Fleisher, Brian Robertss maternal grandfather, who founded the Jewish house of worship while serving as president of the prisons board of trustees. Trump's countersuit focuses on remarks made by Carroll in a CNN interview where she accused him of raping her despite the jury in her civil trial rejecting this claim. Steven A. During a poker game, Ralph Roberts had heard about a small cable company in Tupelo looking for investors and the three partners decided to step in.
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