Roberts extends contract as Comcast chief

Like clockwork, Brian Roberts received his latest one-year extension to remain chairman and chief executive officer of Comcast (NASDAQ: CMCSA) Tuesday.

In a regulatory filing made with the Securities Exchange Commission, the nation's top pay TV company let it be known that Roberts' contract has been changed to reflect a June 30, 2015 expiration. Roberts, who turned 55 Saturday, has had his contract renewed in one-year intervals every July 1 since 1995.

Not that this is a charade or anything ... But Roberts does control 33 percent of the voting shares of a company famously started by his father. 

In 2013, Roberts took in $31.4 million in salary, stock options and other compensation, a 7.7 percent raise over the $29.1 million he made do with in 2012. 

Roberts has spent his entire career with Comcast, starting as a cable installer while still in high school in western Pennsylvania. He began working at his father's company full time after graduating from the University of Pennsylvania's Wharton School. By the age of 30, he was president of Comcast. He took over the CEO position in 2002.

For more
- read this SEC filing
- read this Los Angeles Times story

Related links:
Report: Comcast's Roberts resisted being TWC's 'white knight' three times
Brian Roberts on the TWC purchase: 'It was now or never'
The Comcast Show: Has Brian Roberts become cable's Steve Jobs?


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