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.

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Comcast Promotes Edward Zimmermann to President of Comcast Business