Dave Watson Named CEO of Comcast Cable20 Mar, 2017 By: Erik Gruenwedel
Comcast Corp. March 20 named COO Dave Watson new CEO of Comcast Cable, replacing Neil Smit, who becomes vice chairman of Comcast Corp., effective April 1.
Smit, who joined Comcast in 2010 after a five-year stint as CEO of Charter Communications, attributed his decision to step aside in part to his approaching 60th birthday and injuries sustained decades ago as a Navy SEAL and member of SEAL Team Six.
“I am looking forward to spending more time with my family while also helping Comcast find new growth opportunities,” Smit said in a statement.
Smit will work closely with Watson during the transition before assuming a more part-time role in the company.
Watson, who joined Comcast in 1991 and has been COO since 2010, has worked with Smit since the latter joined the company. Watson has held several leadership positions at Comcast, including in product, sales, marketing and advertising.
“There are few people in the cable industry who have his breadth and depth of experience,” Brian Roberts, chairman and CEO of Comcast Corp., said in a statement. “Dave, along with Neil and the executive teams across the cable division, drove the operating strategy and execution that have led to phenomenal growth over the last several years as well as our focus on the customer experience and the improvements we have made recently. Dave knows the business and has a track record of delivering results.”