Monday, December 26, 2011
Comcast professional named to bank board
Michael Angelakis, Comcast's highly regarded as vice chairman and chief financial officer, continues to be named towards the board of company directors from the influential Federal Reserve Bank of Philadelphia for any three-year term beginning in The month of january. It will not impact his role in the effective Philadelphia-based entertainment giant, where he added the vice chairman title recently and works as a key agent to topper John Roberts. Angelakis became a member of Comcast in 2007 from the perch as controlling director of Providence Equity Partners, leading to a stir by becoming among the couple of media top professionals to leap from private equity finance -- it always goes another way. He lately reupped with Comcast through 2016. He would be a key player in hashing out Comcast's purchase of NBC Universal from Whirlpool this past year. Comcast and Providence Equity labored together on the high-profile takeover of MGM in 2004 together with The new sony along with other partners. That did not exercise particularly well, and MGM declared personal bankruptcy. Contact the range newsroom at news@variety.com
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