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July 29, 2015 9:10 PM ET

Media

Company Overview of Comcast Cable Communications, LLC

Company Overview

Comcast Cable Communications, LLC operates as a cable operator in the United States. It develops, manages, and operates broadband communication networks. The company offers various services over its cable communications networks, including traditional analog video; digital cable; and high-speed Internet service. The company was incorporated in 1981 and is based in Philadelphia, Pennsylvania. Comcast Cable Communications, LLC operates as a subsidiary of Comcast Corporation.

1500 Market Street

Philadelphia, PA 19102-2148

United States

Founded in 1981

20,000 Employees

Phone:

215-665-1700

Fax:

215-655-8113

Key Executives for Comcast Cable Communications, LLC

Chief Executive Officer and President
Age: 56
Co-Founder
Age: 82
Co-Founder
Chief Financial Officer
Chief Operating Officer and Executive Vice President
Age: 56
Compensation as of Fiscal Year 2015.

Comcast Cable Communications, LLC Key Developments

Comcast Cable Announces Executive Vice President and Senior Vice President Promotions

Comcast Cable announced several promotions in its Customer Experience, Consumer Services Group, Technology and Product, Enterprise and Platform Services, Government Affairs, Sales and Marketing, and Legal departments. Charlie Herrin has been promoted to Executive Vice President of Customer Experience. In this role, Charlie serves as a customer advocate, partnering with leaders across all business units to reimagine the customer experience and ensure that customers are at the center of every business decision. Charlie most recently led the design team behind the X1 Platform and was the driving force behind the company’s initiative to deliver a consistent user experience across platforms. Matthew Strauss has been promoted to Executive Vice President and General Manager, Video Services. In this role, he is responsible for all aspects of the video business, including the delivery of highly integrated entertainment experiences across devices. In his previous role, he led Comcast’s multiplatform video strategy and oversaw growth in transactional and online video revenue. Daniel Herscovicihas been promoted to Senior Vice President and General Manager, Xfinity Home. In this role, he is responsible for all aspects of the Xfinity Home business. Jan Hofmeyr has been promoted to Senior Vice President, X1 Platform. He leads the team in delivering the next generation video platform, X1. Bridget Kimball has been promoted to Senior Vice President, Software Development & Engineering. In this role, Bridget will continue to lead the Combined Conditional Access Development (CCAD) organization. Rick Rioboli has been promoted to Senior Vice President, Comcast Metadata Products and Search Services (CoMPASS). Rick leads the CoMPASS team, which is responsible for the cloud-based platform that powers Comcast’s video applications with content metadata, customer information, and content discovery services. Sherita T. Ceasar has been promoted to Senior Vice President, National Video Deployment Engineering. In this role, she is responsible for the overall vision, direction, and management of all national video deployment projects including new build infrastructure projects, software and hardware platform upgrades, technical launch validation, infrastructure capacity needs and decommissioning of end-of-life video equipment. Michael Brady has been promoted to Senior Vice President, State Regulatory Affairs. Michael is responsible for state regulatory activities across Comcast’s footprint. He leads the team that represents the company before state regulators, directs Comcast’s advocacy efforts with the national and regional organizations that represent public utility commissions, and advises senior leaders on state regulatory matters that could impact the company. Klayton Fennell has been promoted to Senior Vice President, Government Affairs. In this role, Klay provides government and regulatory affairs support and guidance to Comcast’s field government affairs teams and to the company’s headquarters business and operations teams. Rick Smotkin has been promoted to Senior Vice President, Government Affairs. In this role, Rick manages the company’s advocacy before state and local intergovernmental associations and oversees Comcast’s employee grassroots activities and campaigns. Clem Cheng has been promoted to Senior Vice President, Human Resources, Sales and Marketing. He is responsible for providing strategic HR leadership for the large scale, multichannel sales organization. Kathryn Koles has been promoted to Senior Vice President and Deputy General Counsel. In this role, Kathryn provides legal support and guidance for Comcast’s advertising and advanced advertising initiatives, including the Engineering and Platform Services division and Comcast Spotlight. David Marcus has been promoted to Senior Vice President and Deputy General Counsel. In this role, David is responsible for patent matters involving Comcast Cable, including patent litigation and other technology-related litigation.

Comcast Cable Communications Reports Unaudited Earnings Results for Fourth Quarter and Year Ended December 31, 2014

Comcast Cable Communications reported unaudited earnings results for fourth quarter and year ended December 31, 2014. For the quarter, the company’s revenue was $11,313 million against $10,661 million a year ago. Operating cash flow was $4,684 million against $4,405 million year ago. Capital expenditure was $1,872 million against $1,637 million year ago. The increase in revenue is driven by 9.9% in high-speed Internet and 20.8% in business services. Advertising revenue increased 18.9%, reflecting higher political advertising in the fourth quarter of 2014. The increase in Cable revenue reflects increased customer relationships, customers receiving higher levels of service, customers taking additional services, as well as rate adjustments. The increase in revenue reflects higher revenue, partially offset by a 6.0% increase in operating expenses primarily related to higher video programming costs. For the year, the company’s revenue was $44,140 million against $41,836 million a year ago. Operating cash flow was $18,112 million against $17,205 million a year ago. Capital expenditure was $6,154 million against $5,403 million year ago.

Michigan Public Service Commission Issues Order of the Complaint of John McCready Against Comcast Cable Communications, LLC

The Michigan Public Service Commission announced that in the matter of the complaint of John McCready against Comcast Cable Communications, LLC, under the Uniform Video Services Local Franchise Act. This is a case brought under the Uniform Video Services Local Franchise Act, 2006 PA 480, as amended, MCL 484.3301 et seq. (PA 480). John McCready alleged that Comcast Cable Communications, LLC improperly switched his cable service to a more expensive service without his authorization. Comcast reviewed the information, contacted Mr. McCready, apologized for the inconvenience and frustration Mr. McCready experienced in attempting to resolve the issue, and provided a direct contact number should Mr. McCready require further assistance. In its response to the Commission regarding the complaint, Comcast indicated that one of its representatives contacted Mr. McCready, discussed the complaint with him, and believed the complaint was resolved.

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