Comcast Reports Sky Group Leadership Transition | Financial Buzz

Comcast Reports Sky Group Leadership Transition

Comcast Corporation (NASDAQ: CMCSA) reported that sky Group CEO Jeremy Darroch will shift from his current role to become Executive Chairman of Sky as Dana Strong will succeed him as Group CEO of Sky reporting to the Comcast Chairman and CEO Brian L. Roberts.  Darroch has served as CEO of Sky since 2007 and Group CFO since 2004 while Strong has served as President, Consumer Services for Comcast Cable. “I would like to thank Jeremy for his exceptional leadership of Sky and his partnership since we acquired the company,” said Roberts. “Sky’s values have been a perfect fit for ours and I credit Jeremy with building an incredible culture and executing the seamless integration with Comcast. He and his team have established a world-class brand and a strong, well-run business that will continue to flourish. Jeremy has been a terrific colleague to me and everyone at Sky, but I respect his decision and I am pleased that he’s agreed to stay on to help with the transition and advise the company.”

“I am delighted that Dana will be taking the helm at Sky,” Roberts continued. “She is an accomplished executive with an extraordinary ability to transform, inspire and drive positive change. She quickly made her mark on our US business, driving growth and innovation with an unwavering commitment to our customers. Her global experience and vision coupled with her leadership and track record at some of the largest media and telecommunications companies in the world make her the perfect leader for Sky.”

Darroch commented, “It has been a privilege to lead Sky for 13 years, and an experience that I have looked forward to every day, so my decision to leave has not been easy. But with the business firmly settled into the wider Comcast Corporation and a strong plan in place, now is the right time. I feel incredibly lucky to have been surrounded by colleagues who care as deeply as I do about this business and our customers and work tirelessly every day to make their lives better. I would like to thank all of my colleagues at Sky and also Brian and the team at Comcast who I have thoroughly enjoyed working with. I have no doubt that Dana will take Sky into a new and exciting future. Her proven record for leading telecommunications and media businesses coupled with her experience in the US, UK, and Europe will be great assets to Sky and I look forward to working with her as she takes the reins.”

Strong added, “There are few businesses that have the track record of Sky, and I am delighted to have the opportunity to lead the company. I’ve always admired Sky’s innovation, brand and exceptional focus on the customer. I look forward to working with this incredible team to continue to grow the business and shape the next chapter for Sky.”