Monday, September 27, 2010

Burke Named CEO of NBC Universal

Current COO to succeed Zucker
Comcast's COO Stephen Burke will become CEO of NBC Universal when the cable giant completes its acquisition of NBCU, Comcast announced Sunday, according to Broadcasting&Cable's Jon Lafayette.

On Friday, NBCU's current CEO, Jeff Zucker, announced that Burke had told him Comcast wanted to pick its own leadership when it assumed control of NBCU. Zucker will stay in the position until the government review of the transaction is complete.

Burke is a former ABC executive and the son of Capital Cities/ABC exec Dan Burke. He has been responsible for the integration of cable systems Comcast has acquired from AT&T and Adelphia.

 "Steve Burke is an experienced, talented and visionary leader with over 25 years in the media and entertainment industry," said Comcast Chairman and Chief Executive Officer Brian Roberts. "Steve is one of the most well-respected executives in the industry, and I am confident that he will lead NBCU forward to a new era of growth."

The appointment of Burke had been expected. According to the Orlando Sentinel, he is a former Walt Disney Co. executive who joined Comcast in 1998. He comes from one of America's most prominent business families. His father, Dan Burke, was one of the two architects of the legendary Capital Cities television station group that gobbled up ABC and later sold the company to Disney.

Read more here.

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