Comcast Names Steve Croney CEO Connectivity Platforms Amid Broadband Losses

Comcast is undergoing significant leadership changes with Steve Croney being appointed as CEO of its Connectivity & Platforms division effective January 1, 2026, succeeding Dave Watson who will transition to Vice Chairman to advise on strategic initiatives. Croney, currently COO of the division, has been credited with implementing new pricing strategies and operational transformations that aim to stabilize broadband subscriber losses and enhance customer experience. Despite a slight dip in EBITDA for the division, Comcast maintains a strong financial position and continues to focus on strategic investments in network convergence and sports to drive growth. The company operates a broad media and technology portfolio, including NBCUniversal and Sky, and plans to spin off most of its cable networks in 2025. Comcast executives express confidence in Croney’s leadership, emphasizing his vision and urgency in positioning the company for future opportunities amid a competitive landscape. The leadership changes align with broader corporate restructuring efforts to strengthen Comcast's market position.