Comcast Promotes Edward Zimmermann to President of Comcast Business
September 26 2023 - 9:30AM
Business Wire
Zimmermann to drive innovation and growth for
Company’s $10 Billion business services unit
Comcast Corporation today announced Ed Zimmermann has been named
President of Comcast Business. Zimmermann will focus on driving
continued long-term growth and strategic innovation for the $10
Billion commercial services business unit. He succeeds Bill Stemper
who transitions to Chairman Emeritus, Comcast Business.
“Ed is an outstanding executive with a track record of building
strong teams, driving transformation, and achieving results,” said
David Watson, President and Chief Executive Officer, Comcast Cable.
“Ed has brought impressive financial and operational expertise to
Comcast Business and is well respected by the management team.”
Zimmermann succeeds Bill Stemper, who has led Comcast Business
since its inception in 2006. Under Stemper, Comcast Business has
evolved from selling residential services to small business
customers into a global enterprise with $10 Billion in revenue
serving customers of all sizes. Stemper transitions to Chairman
Emeritus, Comcast Business, and will continue to participate in the
company and the industry.
“Bill Stemper is an extraordinary leader and operator. Comcast
Business has been on a spectacular growth trajectory under his
leadership for the past 17 years. Bill and his team have
organically built this successful business from the ground up and
I’m deeply grateful for his partnership and friendship,” continued
Watson.
Most recently, Zimmermann served as Chief Financial Officer and
Chief of Strategy for Comcast Business. In this role he was
responsible for maintaining and growing annual revenue and
accelerating Comcast Business’s growth from small and medium-sized
businesses into the upper market. He has worked across Comcast in a
variety of financial, strategic, and growth-oriented roles,
including SVP of Finance and Administration, Northeast Division and
VP of Finance and Administration, Beltway Division.
Ed earned a B.A. in Business and a M.B.A. in Finance and
Strategy from Temple University in Philadelphia. He is an advocate
for improved educational outcomes for Philadelphia’s youth, and
currently serves as Board Chair of The Fund for the School District
of Philadelphia.
About Comcast Business
Comcast Business offers a broad suite of technology solutions to
keep businesses of all sizes ready for what’s next. With a range of
offerings including connectivity, secure networking, advanced
cybersecurity, and unified communications solutions, Comcast
Business is partnering with business and technology leaders across
industries and integrating Masergy, a leader in software defined
networking, to help drive businesses forward. Backed by a
next-generation network, Comcast Business has been recognized for
its growth, innovation, and leadership in global secure
networking.
For more information, call 800-501-6000. Follow on Twitter
@ComcastBusiness and on other social media networks at
http://business.comcast.com/social.
About Comcast
Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and
technology company. From the connectivity and platforms we provide,
to the content and experiences we create, our businesses reach
hundreds of millions of customers, viewers, and guests worldwide.
We deliver world-class broadband, wireless, and video through
Xfinity, Comcast Business, and Sky; produce, distribute, and stream
leading entertainment, sports, and news through brands including
NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible
theme parks and attractions to life through Universal Destinations
& Experiences.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230926693559/en/
Matt Helmke Comcast Corporation 215.286.8666
matt_helmke@comcast.com
Comcast (NASDAQ:CMCSA)
Historical Stock Chart
From May 2024 to Jun 2024
Comcast (NASDAQ:CMCSA)
Historical Stock Chart
From Jun 2023 to Jun 2024