Television

Comcast CEO Brian Roberts’ 2019 Compensation Rises Nearly 4% to $36.4 Million

Comcast CEO Brian Roberts saw his 2019 compensation rise 3.8% to nearly $36.4 million, the Philadelphia cable giant disclosed in a filing Friday with the U.S. Securities and Exchange Commission.

Many of the company’s top executives received relatively straightforward pay raises, though the totals they earn dwarf the average worker’s annual take-home pay. Former NBCUniversal CEO Steve Burke saw his annual compensation rise 6.5%, to approximately $42.6 million from nearly $40 million in the prior year. Comcast Cable CEO David Watson saw his 2019 compensation rise 14.8%, to $16.9 million from nearly $14.8 million in the prior year. And Comcast CFO Michael Cavanaugh saw his 2019 compensation rise about 23.5% to nearly $26.8 million from $21.7 million in 2018.

In a report contained in the filing, Comcast’s executive compensation committee said the executives’ 2019 performance warranted the compensation, citing increases in cash flow at the the company’s cable, NBCUniversal and Sky units.

Comcast disclosed that Roberts, Cavanagh and Watson, as well as two other senior leaders, intend to donate 100% of their salaries from April 1 to the end of the current pandemic to charities that support coronavirus relief efforts.

Articles You May Like

‘The Prosecutor’ Review: Donnie Yen Directs and Stars in a Lively if Somewhat Melodramatic Action-Drama
Cannes Film Festival President Iris Knobloch Re-Elected for Second Term
Harvey Laidman, ‘The Waltons’ and ‘Hawaii Five-O’ Director, Dies at 82
Paris’ Pathé Palace, Designed by Renzo Piano, Lends Unifrance Rendez-Vous a Taste of French Luxury
‘I’m Still Here’ Star Fernanda Torres Slams Stigma Around Nepo Babies as ‘Ancient’ and ‘The Wrong Fight’ for Equality in Hollywood: I Proved ‘A Nepo Baby Life Is Worth Living’

Leave a Reply

Your email address will not be published. Required fields are marked *