Comcast’s SpinCo Sets Leadership Team, Appoints Val Boreland as Entertainment President

The spin-off of the cable TV network portfolio, which will be completed later this year, will be led by Mark Lazarus and Anand Kini The post Comcast’s SpinCo Sets Leadership Team, Appoints Val Boreland as Entertainment President appeared first on TheWrap.

Comcast’s SpinCo has set its future leadership team as the company prepares to spin-off its cable television network portfolio later this year.

The company previously announced that the publicly-traded entity would be overseen by Mark Lazarus, who will serve as chief executive officer, and Anand Kini, who will serve as chief financial officer.

Joining the pair will be Val Boreland as president of entertainment, Keith Cocozza as chief communications officer, Brian Dorfler as chief human resources officer, Jeff Mayzurk as president of operations and technology, Kristin Network as TV networks chief financial officer, David Pietrycha as chief revenue and business officer, and Greg Wright as chief accounting officer and controller.

“As we embark on this journey to build a one-of-a-kind company, I am thrilled to be joined by such a talented group of leaders with the experience and expertise needed to make SpinCo a leading multimedia company from day one,” Lazarus said in a statement. “Together, we will capitalize upon our iconic media assets, chart a course for growth and continue to attract additional talent as we build momentum toward the completion of the spin-off.”

“This team was handpicked because of their expertise within each of their function areas,” Kini added. “I am confident that with and under the leadership of Mark, we will design and build a modern media company with the scale to compete and the right strategy to unlock organic and external growth opportunities.”

The team will focus on their new roles beginning in early April. Additional executive announcements will be made in the coming weeks.

SpinCo, which is expected to reach 70 million U.S. households, will house USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel and digital assets Fandango, Rotten Tomatoes, GolfNow and SportsEngine.

The cable network portfolio generated around $7 billion in revenue for the 12-month period ending Sept. 30.

More to come…

The post Comcast’s SpinCo Sets Leadership Team, Appoints Val Boreland as Entertainment President appeared first on TheWrap.

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