Comcast Cable, the country's leading provider of cable, entertainment and communications products and services, today announced that David A. Scott will be appointed Executive Vice President, Finance and Administration. Mr. Scott will be replacing Michael S. Tallent, who will be retiring from his position at the end of the year and moving to Florida to join his family.
"Comcast's outstanding leadership team is driven by the great strength of our people," said Steve Burke, President of Comcast Cable. "Dave has a unique combination of field management and financial expertise that makes him incredibly well positioned to help lead Comcast's continued growth. Mike will be a tough act to follow. We wish him the very best as he joins the rest of his family in Florida."
Mr. Scott has served as President of Comcast's Midwest Division since 1999, leading operations serving approximately four million cable customers. He joined Comcast in 1993 after nearly two decades in finance roles with other communications companies. Under his leadership, Comcast has continued its accelerated launch of advanced products across the Midwest Division, including digital cable, video on demand, high-definition television, high-speed Internet and digital phone service. He has been instrumental in several key initiatives, including the integration of 2.4 million former AT&T Broadband customers in Greater Chicago; the Twin Cities; Grand Rapids and Lansing, Michigan; and South Bend, Indiana.
"I am honored to accept this new role with Comcast," said Mr. Scott. "I am looking forward to helping Comcast continue to deliver the new products customers want and to build on the strong financial foundation that has been created under Mike's guidance and leadership."
Mr. Tallent, who has spent more than 20 years in the cable television industry, joined Comcast in 1991 as Senior Vice President, Accounting and Administration, following the Company's acquisition of Storer Cable. He was named Executive Vice President of Comcast Cable in 1998 and was appointed to his current position in 2004, following the successful integration of the AT&T Broadband cable systems, in which he played a key leadership role. Mr. Tallent's family has been living in Sarasota while his children attend Bradenton Academy for school and golf instruction. Mr. Tallent has agreed to make himself available part-time for transition assistance through 2006.
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (http://www.comcast.com) is the nation's leading provider of cable, entertainment and communications products and services. With 21.4 million cable customers, 7.7 million high-speed Internet customers, and 1.2 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable networks and in the delivery of programming content.
The Company's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, OLN, G4, AZN Television, PBS KIDS Sprout, TV One and four regional Comcast SportsNets. The Company also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia. Comcast Class A common stock and Class A Special common stock trade on The NASDAQ Stock Market under the symbols CMCSA and CMCSK, respectively.