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Comcast CEO Receives $26.9 Million in 2011 Compensation

Comcast Corp. (CMCSA) Chief Executive Officer Brian Roberts earned $26.9 million in salary, stock options and other compensation last year, a decline of 14 percent from 2010.

Roberts’s compensation topped that of Executive Vice President Stephen Burke, who is also CEO of the company’s NBC Universal unit and received $23.7 million in 2011, down 32 percent from the previous year, according to a company filing.

Comcast rose 7.9 percent in 2011 as the Philadelphia-based company limited video subscriber losses and added Internet and phone customers. NBC’s broadcast unit lagged CBS Corp. (CBS)’s CBS, Walt Disney Co. (DIS)’s ABC and News Corp. (NWSA)’s Fox networks in prime- time ratings, hampering advertising revenue in the segment.

Roberts earned $31.1 million in 2010 and $27.2 million in 2009 according to the filing. Burke received $34.7 million in 2010 and $34 million in 2009.

To contact the reporter on this story: Alex Sherman in New York at asherman6@bloomberg.net

To contact the editor responsible for this story: Peter Elstrom at pelstrom@bloomberg.net

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