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Comcast Heirs to Get Founder's Pay

December 28, 2007

The 87-year-old founder of Comcast Corp.'s pay will keep going to his beneficiaries for five years after his death under a new agreement.  Ralph J. Roberts' new salary agreement takes effect on Jan. 1, according to a document the company filed Friday with the Securities and Exchange Commission. The pact succeeds Roberts' current compensation deal, which expires next week. Philadelphia-based Comcast said the new agreement, signed by both parties on Thursday, provides benefits comparable to what Roberts had under the existing deal.

Click here for the December 28, 2007 article in USA Today.


 
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