Comcast and GE name Steve Burke Chief Executive Officer of NBC Universal

Comcast and General Electric announced on Sunday that Stephen B. Burke will become chief executive officer of NBC Universal (NBCU) upon the close of Comcast’s acquisition of 51% of NBCU from GE. Burke, 52, would succeed NBC Universal President and CEO Jeff Zucker, who will continue to serve in his position until the close of the transaction and will work with Mr. Burke to ensure a smooth leadership transition. Comcast and GE also said that there will be no additional structural or personnel announcements until the deal closing process and timing is certain. Comcast Chairman and Chief Executive Officer Brian L. Roberts said, “Steve Burke is an experienced, talented and visionary leader with over 25 years in the media and entertainment industry. Steve is one of the most well-respected executives in the industry, and I am confident that he will lead NBCU forward to a new era of growth.” GE Chairman and Chief Executive Officer Jeff Immelt said, “I have known Steve Burke for many years and greatly respect him. He has deep expertise in this industry and I am very confident that he will be a strong leader for NBC Universal.”