Julian Brodsky, one of three founding members of Comcast (Nasdaq: CMCSA)--along with Ralph Roberts and Daniel Aaron--will retire as vice chairman when the company holds its annual meeting May 11, helping usher in a new era of leadership on the MSO's board of directors.
"You got a complex thing like Comcast, you have to refresh the gene pool," the 77-year-old Brodsky said in an interview with the Philadelphia Inquirer. Eduardo Mestre, an investment banker with Evercore Partners, is expected to be elected to the board as part of Comcast's commitment to feds add an Hispanic director.
Brodsky, meanwhile, will not disappear; he'll continue to serve as a senior advisor to the nation's biggest cable operator--a company he, Roberts and Aaron started by acquiring a tiny Tupelo, Miss. cable operation in the early 1960s.
"We were lucky and we were good," Brodsky concluded.
For more:
- the Philadelphia Inquirer has this story
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