Comcast Names Cathy Avgiris CFO2 May, 2013 By: Erik Gruenwedel
Veteran executive spearheaded cabler’s Xfinity Internet ventures, including TV, voice and wireless
Comcast May 2 promoted Cathy Avgiris to chief financial officer of the No. 1 cable operator, effective July 1. Avgiris succeeds Dave Scott who is retiring after 20 years.
Under her leadership, Comcast has become the largest Internet provider and one of the largest phone providers in the U.S, with 19 million Internet and 10 million voice customers.
Avgiris, who joined Comcast in 1992, is also responsible for launching the Verizon Wireless partnership, managing the cabler’s Internet Essentials program, which provides low-cost Internet service to low-income families, and overseeing Comcast’s Wi-Fi initiative.
“Cathy brings broad operational expertise, a strong financial background and a deep understanding of our company and our industry to her new role,” said CEO Neil Smit, to whom Avgiris reports to in Philadelphia.