Comcast Cable, the country's leading provider of cable, entertainment and communications products and services, today announced that Peter Kiriacoulacos will join the company as Senior Vice President and Chief Procurement Officer in May.
In this role, Mr. Kiriacoulacos will be responsible for developing and guiding strategies to help achieve commercial synergies via procurement that fully leverage Comcast's size and scale. He will report to Dave Scott, Executive Vice President, Finance and Administration for Comcast Cable, leading the Company's procurement team and overseeing its real estate group.
"Peter's experience - including having led global procurement for the largest international cable operator - make him a natural fit for this position," said Mr. Scott. "He will be a valuable addition to our team, giving us further bench strength to ensure we continue to make smart, disciplined decisions, including how we deliver on our commitment to supplier diversity."
Mr. Kiriacoulacos currently serves as Vice President of Global Procurement for Liberty Global, Inc., leading the company's global procurement strategy for the last seven years. He has more than 15 years of experience, having held senior management positions with Liberty Global (and its predecessor UnitedGlobalCom) and with the Melbourne-based consultancy firm Nolan Norton & Co, where he also held positions in The Netherlands and in Italy.
Mr. Kiriacoulacos holds an M.B.A. from the University of South Australia, Adelaide, where he also earned a Bachelors Degree of Applied Science in Computer Studies. He is a member of the Society of Cable Telecommunications Engineers (SCTE) and will relocate to the Philadelphia area.
Comcast Corporation (Nasdaq: CMCSA; CMCSK) (http://www.comcast.com) is the nation's leading provider of cable, entertainment and communications products and services. With 24.2 million video customers, 11.5 million high-speed Internet customers, and 2.5 million phone customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.
Comcast's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, VERSUS, G4, AZN Television, PBS KIDS Sprout, TV One, four regional Comcast SportsNets and Comcast Interactive Media, which develops and operates Comcast's Internet business. Comcast 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.