Sunday, September 26, 2010

Steve Burke to become CEO of NBC Universal

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Comcast Corp. and General Electric Co. announced today that Steve Burke will become chief executive officer of NBC Universal when the merger between the two companies is complete.

Burke, 42, will succeed Jeff Zucker, who announced on Friday he would be stepping down when Comcast assumed control of the company, which was expected early next year. The two companies are awaiting regulatory approval of their joint venture. Comcast will control 51% of the company; GE will retain 49%.

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