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CMCSA > SEC Filings for CMCSA > Form 8-K on 13-Feb-2009All Recent SEC Filings

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Form 8-K for COMCAST CORP


13-Feb-2009

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 13, 2009, Mr. Brian L. Roberts, the Chairman and Chief Executive Officer of Comcast Corporation (the "Company"), entered into documentation (including an amendment to his employment agreement) pursuant to which (i) the term of his employment agreement (which would have otherwise expired on June 30, 2009) was extended to June 30, 2010; (ii) Mr. Roberts agreed that he will receive no increase to his base salary in 2009; (iii) Mr. Roberts elected to relinquish his right to base salary and annual cash bonus continuation for up to five years following his death; and (iv) Mr. Roberts elected to relinquish his right to reimbursement and tax-related payments from the Company in connection with the premiums for his term life and split-dollar life insurance polices.

In addition, Messrs. Michael J. Angelakis (the Company's Executive Vice President and Chief Financial Officer), Stephen B. Burke (the Company's Executive Vice President, Chief Operating Officer and President of the Company's Cable Division) and David L. Cohen (the Company's Executive Vice President) has each agreed not to receive any increase in his base salary in 2009.

Item 9.01(d) Exhibits.

Exhibit
Number     Description
           Amendment to Employment Agreement with Brian L.
99.1       Roberts entered into on February 13, 2009.

           Notice of Rights Waiver entered into on February 13,
99.2       2009.

           Notice of Termination entered into on February 13,
99.3       2009.


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