The Guardian
trending topics

Comcast COO Burke Snags $34 Million In 2009 Compensation

  • Comments Comments (View)
  • Text Size: A A

Comcast (NSDQ: CMCSA) COO Steve Burke, who will assume responsibility for running the Philadelphia MSO’s vast content assets after its NBC Universal (NYSE: GE) joint venture passes regulatory muster later this year, got a Hollywood-style salary increase in 2009, with his total compensation rising 50% to $33.9 million from $22.6 million in the prior year.

According to Comcast’s proxy statement filed with SEC Friday, the bulk of Burke’ increase was fueled by additional stock awards—at $10.1 million in 2009 more than twice the $4 million he was awarded in 2008. Burke also received a $3 million bonus—he received no bonus in 2008—and his base salary rose slightly to $2.33 million in 2009 vs. $2.22 million in 2008.

Chief financial officer Michael Angelakis, the architect of the NBCU deal, saw his total compensation rise 49% to $21.6 million from $14.5 million in 2008, fueled largely by a doubling of his stock awards for the year to $6.1 million from $3 million in 2008. More on Multichannel.

Apr 11, 2010 4:12 PM ET

Comcast Steve Burke Photo: Corbis


Posted In: Companies, Comcast, NBC Universal, steve burke

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

iTunes Albums iTunes Albums
1. 21
2. Home
3. Celebration
4. Born to Die
5. A Different Kind of Truth
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff