Comcast has promoted Steve Croney to a newly created role as chief operating officer for the domestic businesses of its Connectivity & Platforms segment that serves more than 32 million customers.
It’s a significant role at Comcast’s biggest division with about $80 billion in annual revenue that oversees broadband — as the largest provider in U.S. — voice and video to residential and business customers. The NBCUniversal parent’s other division is Content & Experiences.
The exec, who previously served as CFO of the business, will lead the teams responsible for Comcast’s residential and commercial businesses in the US, including product strategy, sales and marketing, customer experience, field operations, and data analytics. He will report to Dave Watson, CEO of Comcast Connectivity & Platforms, and the teams that run these functions will report to Croney, effective immediately.
“Steve is the perfect executive to lead our operations and work across our residential and commercial businesses to drive growth,” said Watson. “He is highly experienced, results-oriented, and has a proven track record in delivering our strong financial performance. He has the respect of the entire management team and is ready to hit the ground running in this new role.”
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Most recently as CFO, Croney was responsible for all functional, programmatic and financial operations of Connectivity & Platforms. A 30-year veteran of the Philadelphia media giant, he has held strategic, financial, and operational leadership roles across the company and led a number of critical company initiatives, including integrating acquired businesses and bringing new products to market, managing Connectivity & Platforms’ pandemic response, and leveraging AI and data throughout the operations.
“Comcast has a long history of fostering incredible teams to innovate and deliver outstanding experiences and products to our customers,” said Croney. “I couldn’t be more enthusiastic about our opportunity to bring our internet, mobile, and entertainment products together to lead the industry in convergence and create new strategic growth opportunities for the company.”
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