Kumkast David Novak, a member of the Board of Directors and former CEO of Fast Food Yum! Trademarks, as head of the cable television network group soon.
SPINCO, as the entity is called temporarily, aims to separate from Comcast by the end of the year. It will have major networks including MSNBC, the United States of America and other NBCunivesal Fold, while Bravo remains in the parent company with NBC and Telemundo.
In a statement, the CEO of ComCast Brian Roberts with the residents of “talent and success” in Novak, which went from 2000 to 2014. Pepsico Yum was created as an independent entity (talking about Spincos) after getting KFC and Pizza Hut Bell.
SPINCO will be an independent media company in general that consists of well -known brands, including USA Network, CNBC, MSNBC, Oxygen and E! Syfy and GOLF, along with the complementary digital assets Fandango, Rotten Tomatoes, GOLFNOW, and SportSENGINE.
Brian told. Roberts, Chairman and CEO of Comcast Corporation: “While the comics separate this work, we are excited to show it will get the talent and success of David Novak as its new president.” “With David’s record of leading growth and creating value in public companies, he is the ideal person to collect and lead a world-class council. David has been an invaluable member of the Comcast Board and widely recognized as CEO-I am sure that he will work with Mark Lazaros to give the new company a distinctive feature of the first day.”
“David is very appreciated as a strategic leader with a unique skills set and contracts for experience in overseeing the brands governor and implementing the successful offer for Yum! Brands from Pepsico”, “said Mark Lazaros, potential CEO, Spinco. “We look forward to working closely with David where we develop the long -term TPINCO strategy to increase the value and capabilities of our famous media assets.”
Mr. Novak is the founder and head of the CEO of David Novak Leadership, a platform for developing digital driving that teach vital skills to turn people into better leaders. As an executive of Yum! Brands, Inc. – One of the largest restaurant companies in the world – from 2000 to 2014, helped the company to develop a global power of leading brands with a famous culture through its privileges.
“It is an honor for me to be appointed as Chairman of the Board of Directors at SPINCO during this dynamic time in the media industry,” said Mr. Novak. “This is a unique opportunity to build about the amazing group of assets in SPINCO, along with some of the best talents in this advanced industry. I look forward to working closely with Mark and the rest of the leadership team to create a leading modern media company.”
In addition to his current position in the Comcast Board of Directors, Mr. Novak sits on the Board of Directors of the Lift-A-Life Novak Family Foundation. He previously held the position of Chairman of the Board! Brand Board from 2001 to 2014, Yum CEO! Brands Board from 2015 to 2016 and a director of the JPMorgan Chase Council from 2001-2012. Mr. Novak in or led a number of charitable endeavors throughout his career, including lead4change, the Novak Empire for Leadership at Missouri University and the Wendi Novak Institute for Diabetes, is author of several books dedicated to developing developing at each stage of life in addition to the host of how to lead leaders.
Mr. Novak has received a multiple prize for his CEO, including “CEO of 2012” chief executive officer Magazine, one of the “Best Executive Directors” in the world BaronOne of the “best people at work” by Fortune MagazineAnd one of the “100 best executives in the world” by Business review at Harvard University. He was awarded the Horatio Alger Award for his commitment to charitable work and higher education, and the World Food Program Program at United Numan for the year 2012 for Yum! Global brands hunger relief.
Upon completion of the COMCAST cross show, Spinco will be leading works in the field of news, sports and entertainment with a specific strategic growth strategy and a dedicated and stable management team of brands that will reach more than 65 million American families. The company will be in an ideal position to provide a varied and different content with live news, sports and entertainment in the axis of the brand growth strategy. The assets that make up SPINCO generate approximately $ 7 billion in revenue annually and the company will focus on developing its beloved brands, building public and expanding the range of liquefaction.
