Brian L. Roberts

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Brian L. Roberts
Brian Roberts Comcast.jpg
Born (1959-06-28) June 28, 1959 (age 59)
ResidencePhiladelphia, Pennsylvania, U.S.
EducationGermantown Academy
Alma materThe Wharton School
OccupationChairman and CEO of Comcast
SalaryUS$32.5 million (2017)
Net worthIncrease US$1.7 billion (October 2018)[1]
Political partyDemocratic
Spouse(s)Aileen Kennedy
Children3
Parent(s)Ralph J. Roberts
Suzanne Roberts

Brian L. Roberts (born June 28, 1959) is an American businessman who currently serves as the Chairman and Chief Executive Officer (CEO) of Comcast, an American company providing cable, entertainment, and communications products and services which was founded by his father, Ralph J. Roberts.

Early life and education[edit]

Roberts was born into a Jewish family[2][3] in Philadelphia, Pennsylvania, the son of Ralph J. Roberts, the founder of Comcast Corporation, and Suzanne (née Fleisher), a former actress and playwright.[4] Roberts graduated from the Germantown Academy and earned a Bachelor of Science degree from the Wharton School of the University of Pennsylvania in 1981, and immediately began working for Comcast.[5]

Career[edit]

Roberts is Chairman and CEO of Comcast Corporation, and personally controls 33 1/3% of the voting rights of the company.[6] He was named President of Comcast Corporation in 1990 when the company had $657 million in annual revenue. Comcast Corporation’s annual revenue has since grown to $87.4 billion.[7]

Roberts is Chairman of the Board of Directors of the National Cable & Telecommunications Association (NCTA), and a former treasurer.[8] Roberts served as Chairman of NCTA from 1995 to 1996, when the landmark deregulatory 1996 Telecommunications Act became law.

In 2016, Roberts received US$28.6 million in compensation,[9] and in 2018, his net worth was US$1.98 billion.[1]

Awards and philanthropy[edit]

Institutional Investor Magazine named Roberts as its top vote-getter for three years in a row (2004–06) in the Cable & Satellite category of their America's Best CEOs annual survey; and named Comcast as one of America's Most Shareholder-Friendly Companies in 2006.

Roberts was the recipient of the 2004 Humanitarian Award from the Simon Wiesenthal Center, and was the 2002 Walter Kaitz Foundation Honoree of the Year for his commitment to diversity in the cable industry. The Police Athletic League of Philadelphia honored Roberts with their 2002 award for his commitment to youth programs and community partnerships.[10]

In 2001, Roberts was awarded the USC Shoah Foundation Institute's 2011 Ambassador for Humanity Award.[11]

The Aileen K. and Brian L. Roberts Foundation was one of the largest contributors to the restoration of the Alfred W. Fleisher Memorial Synagogue at Eastern State Penitentiary in Philadelphia, named in the honor of his maternal grandfather.[12]

Maccabiah Games[edit]

Being an All-American squash player and of Jewish descent, Roberts participated in the Maccabiah Games in Israel, earning a Gold Medal with the U.S. Squash team in 2005, and Silver Medals in 1981, 1985, 1997, and 2009.[10][13] On October 21, 2012, Roberts was honored by Maccabi USA as a 'Legend of the Maccabiah.'[14]

Politics[edit]

Roberts was a founding co-chair of Philadelphia 2000, the nonpartisan host committee for the 2000 Republican National Convention. The Pennsylvania Report named Roberts to the 2003 "The Pennsylvania Report Power 75" list of influential figures in Pennsylvania politics, calling him "Pennsylvania’s most powerful businessman", and noted his influence with Pennsylvania Governor Ed Rendell.[15]

In 2003, Roberts was named to the PoliticsPA list of politically influential individuals.[16]

Since 2006, Roberts has donated more than $76,000 to Democratic candidates, and $13,500 to Republican candidates.[17]

In December 2009, Roberts wrote a letter to President Barack Obama, endorsing the Patient Protection and Affordable Care Act.[18]

Personal life[edit]

Roberts and his wife, Aileen Kennedy Roberts, live in Philadelphia with their three children.[19] Aileen is the director of the Barnes Foundation.[20][21] Roberts' father is late Comcast founder Ralph J. Roberts, and his mother is Suzanne Roberts. In 2010, Roberts presented his mother, along with his brother Douglas and his father, Women's Image Network Awards Lifetime Achievement Award.[22][23] Roberts owns a 48 ft sloop and a 65 ft sloop, both designed by Sparkman & Stephens and named Aileen after his wife, which he sails while on vacation in his seasonal home on Martha's Vineyard.[24] Roberts' son, Tucker, was appointed president of Overwatch League esports team Philadelphia Fusion in January 2018,[25] after Comcast and its sporting arm Comcast Spectacor paid a reported $20 million in franchise fees to participate in that league.[26]

References[edit]

  1. ^ a b [1], Forbes.com; accessed January 13, 2018.
  2. ^ Jewish Daily Forward: Top 50 Jews 2012: "Brian Roberts" retrieved December 25, 2012
  3. ^ Jewish Daily Forward: "Brian Roberts' Jewish Roots and Outsized Ambition Drive Comcast's Rise in Media", forward.com, March 2, 2014.
  4. ^ Kellie Patrick Gates (February 14, 2013). "Love: Suzanne (Fleisher) Roberts & Ralph J. Roberts". Philadelphia Inquirer.
  5. ^ Philadelphia Inquirer: "A continual spotlight awaits a 'very private' Brian Roberts AT&T deal catapults Comcast's chief to the industry forefront" By Benjamin Y. Lowe December 21, 2001
  6. ^ Comcast Corporation Website: "Brian L. Roberts, Chairman and CEO, Comcast Corporation", comcast.com; retrieved February 12, 2014
  7. ^ "Comcast Biography of Mr. Brian L. Roberts". Retrieved January 13, 2018.
  8. ^ "U.S. Cable Industry Launches 'Take Control. It's Easy' Campaign to Help Parents Manage Their Family's TV Viewing" Archived June 20, 2015, at the Wayback Machine. April 26, 2005
  9. ^ "Comcast - Mr. Brian L. Roberts Compensation". Retrieved January 13, 2018.
  10. ^ a b "Brian L. Roberts" (Press release). Retrieved April 21, 2012.
  11. ^ Michael Elkin Jewish Exponent: "Shoah Salute: Personal Meaning for Comcast CEO", jewishexponent.com, May 4, 2011; accessed June 20, 2015.
  12. ^ Eastern State Penitentiary: "Funders for the Synagogue Restoration" Archived April 18, 2016, at the Wayback Machine., easternstate.org; retrieved February 19, 2014.
  13. ^ Michael Elkin "Shoah Salute: Personal Meaning for Comcast CEO", jewishexponent.com, May 4, 2011; accessed June 20, 2015.
  14. ^ Maccabi USA: "2012 Legends of Maccabiah"; retrieved December 20, 2014.
  15. ^ "The PA Report 'Power 75' List" (PDF). Pennsylvania Report. Capital Growth, Inc. January 31, 2003. Archived from the original (PDF) on September 20, 2006.
  16. ^ "Power 50". PoliticsPA. The Publius Group. 2003. Archived from the original on April 17, 2004.
  17. ^ Hart, Kim (May 9, 2012). "Comcast-NBC deal finds campaign cash converging with Obama's principles". The Hill. Archived from the original on December 7, 2009. Retrieved April 18, 2014.
  18. ^ Roberts endorses PPACA, politico.com; accessed June 19, 2015.
  19. ^ Brian L. Roberts profile, referenceforbusiness.com; accessed June 20, 2015.
  20. ^ Aileen Kennedy Roberts profile, businessweek.com; retrieved July 8, 2012.
  21. ^ "Philadelphia Award 2012 - Joseph Neubauer and Aileen Roberts were honored for their work on the new Barnes", phillymag,com, May 31, 2012
  22. ^ "Brian, Doug & Ralph Roberts Presenting Suzanne Roberts Lifetime Achievement Honor". YouTube.com. March 6, 2011. Retrieved February 28, 2017.
  23. ^ Rifkin, Glenn (June 19, 2015). "Ralph Roberts, Cable TV Pioneer Who Built Comcast, Dies at 95". The New York Times, USA. Retrieved February 28, 2017.
  24. ^ Steve Myrick (June 18, 2015), "Embracing a Fellowship of the Wind", Vineyard Gazette
  25. ^ "Comcast CEO's son and gamer, Tucker Roberts, to head company-owned esports team". Philly.com. Retrieved July 30, 2018.
  26. ^ "Blizzard locks in two more $20 million Overwatch League spots". ESPN.com. Retrieved July 30, 2018.