CMCSA Comcast Corporation Class A

Comcast Names Steve Croney Chief Operating Officer of Connectivity & Platforms Division

Comcast Corporation (Nasdaq: CMCSA) today announced that Steve Croney has been promoted to a newly created role as Chief Operating Officer for the domestic businesses of its Connectivity & Platforms segment that serves more than 32 million customers.

This press release features multimedia. View the full release here:

Steve Croney, Chief Operating Officer of Comcast Connectivity & Platforms (Photo: Comcast Corporation)

Steve Croney, Chief Operating Officer of Comcast Connectivity & Platforms (Photo: Comcast Corporation)

As COO, Croney will lead the teams responsible for Comcast’s residential and commercial businesses in the US, including product strategy, sales and marketing, customer experience, field operations, and data analytics. He will report to Dave Watson, the CEO of Comcast Connectivity & Platforms, and the teams that run these functions will report to Croney, effective immediately.

“Steve is the perfect executive to lead our operations and work across our residential and commercial businesses to drive growth,” said Watson. “He is highly experienced, results-oriented, and has a proven track record in delivering our strong financial performance. He has the respect of the entire management team and is ready to hit the ground running in this new role.”

Most recently, Croney served as Chief Financial Officer and was responsible for all functional, programmatic and financial operations of Connectivity & Platforms. With Comcast for more than 30 years, he has held strategic, financial, and operational leadership roles across the company. Additionally, Croney has led a number of critical company initiatives, including integrating acquired businesses and bringing new products to market, driving the company’s market expansion and network evolution strategy, managing Connectivity & Platforms’ pandemic response, and leveraging AI and data throughout the operations.

“Comcast has a long history of fostering incredible teams to innovate and deliver outstanding experiences and products to our customers,” said Croney. “I couldn’t be more enthusiastic about our opportunity to bring our internet, mobile, and entertainment products together to lead the industry in convergence and create new strategic growth opportunities for the company.”

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit for more information.

EN
22/01/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Comcast Corporation Class A

Blair Levin
  • Blair Levin

Media Consolidation: Will FOX (Like CMSCA and DIS) Be in a Trump Trans...

As the Skydance/Paramount deal has demonstrated, the Trump FCC will address media transactions through a political lens. In this note, we discuss the implications for the sector of FOX potentially finding itself in the same position as CSMCA and DIS when it comes to the upcoming media consolidation, as well as other implications of the Colbert Affair and the federal defunding of PBS.

Jonathan Chaplin
  • Jonathan Chaplin

There is more Cable and Fiber M&A coming

This report provides a detailed update to our fiber forecast, with implications for the Fiber and Cable operators. The analysis suggests a strong incentive for Mobile and Cable operators to continue to consolidate assets. The analysis leverages the latest release of FCC data coupled with new features and data sets that have been built into Broadband Insights.

Blair Levin
  • Blair Levin

Summer Policy Wall of Worry (Part I)

Summer. In this note, we quickly review where we are on policy issues of interest to investors to help understand what to worry about this summer and what they can safely ignore until the fall.

Jonathan Chaplin
  • Jonathan Chaplin

Updating Price Targets for One Big Beautiful Bill Act

We have updated the price targets for our coverage as a result of the passage of the One Big Beautiful Bill Act. Prior to the bill becoming law, we had already added the value of tax reform to our price targets on a probability-weighted basis. We have now increased the probability from 75% to 100%.

Jonathan Chaplin
  • Jonathan Chaplin

CMCSA quick hit: Comcast continues to make the right pricing moves

After launching 5-year price guarantee plans in April, Comcast has now announced some tweaks to plans that are discounted for one year, and to rack rates. These announcements are less meaningful than the 5-year plans, though they continue to inch gradually in the right direction. Our quick thoughts in this brief note.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch