Comcast Corporation Names Jason S. Armstrong Executive Vice President and Treasurer
June 02 2020 - 9:00AM
Business Wire
Comcast Corporation announced today that Jason S. Armstrong will
return to its corporate headquarters as Executive Vice President
and Treasurer, effective July 1, 2020. Since the beginning of the
year, Mr. Armstrong has served as Chief Financial Officer of Sky.
He and his family’s full relocation to Sky’s headquarters in the
United Kingdom was unexpectedly complicated by the onset of the
COVID-19 global pandemic. With current Comcast Treasurer Bill
Dordelman’s decision to retire after almost three decades at the
company, Mr. Armstrong will now remain in Philadelphia and succeed
Mr. Dordelman as Treasurer. Sky today also named Simon Robson, who
has been at the company for 23 years most recently as Deputy Chief
Financial Officer, to succeed Mr. Armstrong as Chief Financial
Officer.
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Comcast Corporation Names Jason Armstrong
Executive Vice President and Treasurer (Source: Comcast
Corporation)
As Comcast’s Treasurer, Mr. Armstrong will oversee Comcast’s,
NBCUniversal’s, and Sky’s relationships with financial institutions
and manage the company’s capital formation, capital allocation,
credit-related matters, and investment management activities. He
will report to Mike Cavanagh, Chief Financial Officer of Comcast
Corporation.
“I’m excited to have Jason back on the senior team at our
corporate headquarters,” said Mr. Cavanagh. “I look forward to him
leading our Treasury group, which does an excellent job managing
our strategic financing activities across the company.”
Mr. Cavanagh further commented, “Bill has been a key part of our
financial leadership team during our most transformative
transactions and numerous other situations in between. Highly
respected within the financial community, he has consistently found
creative ways to help accomplish the company’s financial agenda.
It’s been a pleasure partnering with him over the past five years,
and I wish him the very best going forward.”
Prior to becoming Comcast’s Treasurer and his Chief Financial
Officer role at Sky, Mr. Armstrong served as Senior Vice President
of Investor Relations and Finance at Comcast for six years. Before
that, he spent 13 years at Goldman Sachs where he served as
Managing Director, Deputy Business Unit Leader of the firm’s
Technology, Media and Telecommunications Research Group. He was
also lead analyst for the North American Communications Services
Equity Research Group with principal coverage of the cable,
satellite, telecommunication services, wireless towers, and data
centers industries. He earned a B.S. degree in Economics from Duke
University.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and
technology company with three primary businesses: Comcast Cable,
NBCUniversal, and Sky. Comcast Cable is one of the United States’
largest high-speed internet, video, and phone providers to
residential customers under the Xfinity brand, and also provides
these services to businesses. It also provides wireless and
security and automation services to residential customers under the
Xfinity brand. NBCUniversal is global and operates news,
entertainment and sports cable networks, the NBC and Telemundo
broadcast networks, television production operations, television
station groups, Universal Pictures, and Universal Parks and
Resorts. Sky is one of Europe's leading media and entertainment
companies, connecting customers to a broad range of video content
through its pay television services. It also provides
communications services, including residential high-speed internet,
phone, and wireless services. Sky operates the Sky News broadcast
network and sports and entertainment networks, produces original
content, and has exclusive content rights. Visit
www.comcastcorporation.com for more information.
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version on businesswire.com: https://www.businesswire.com/news/home/20200602005115/en/
Investors: Marci Ryvicker (215) 286-4781
Marci_Ryvicker@Comcast.com
Jane Kearns (215) 286-4794 Jane_Kearns@Comcast.com
Marc Kaplan (215) 286-6527 Marc_Kaplan@Comcast.com
Media: John Demming (215) 286-8011
John_Demming@Comcast.com
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