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Article: Through the Wire.(Brian Roberts employee of Comcast Corp.)(Occupation overview)
- Article from:
- Multichannel News
- Article date:
- January 21, 2008
- Author:
CopyrightCOPYRIGHT 2008 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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by Mike Farrell, Linda Haugsted and Todd Spangler
Roberts Is Under Siege
Cable stocks have gotten so bad that even institutional investors that don't normally complain are calling for the ouster of Comcast CEO Brian Roberts.
Brian Roberts. The guy who a couple of years ago was being hailed as the smartest guy in cable. The guy who grew his father's company from a 3 million-subscriber regional operator to the 24 million-subscriber powerhouse it is today. The guy who convinced Bill Gates to invest in cable.
Chieftain Capital Management, which owns about 60.5 million Comcast shares (2% of its outstanding stock) sent a letter to Comcast ...