Comcast is promoting Steve Croney to the role of CEO of its Connectivity Platforms division, succeeding Dave Watson on Jan. 1, 2026. Croney is currently the chief operating officer of the unit.

In the new role, Croney will be responsible for Comcasts residential and commercial connectivity businesses, including broadband, wireless and its entertainment distribution platforms, the company said on Thursday after its latest earnings report. Watson will become vice chairman of Comcast, advising the company and leading strategic initiatives. Dave Watson has been an extraordinary partner and is one of the pioneers who helped build our company and our culture over three decades. Hes built an exceptional team and were grateful for all hes done and continues to do for our company, saidBrian Roberts, chairman and CEO of Comcast,andpresident Mike Cavanagh, who will become co-CEO of Comcast as of the new year. Steve Croney is exactly the right leader for the future. He is a trusted and accomplished executive who has been instrumental in advancing our operational transformation.Steve has a clear vision, and is already leading with focus and urgency, while ensuring we are well-positioned for the opportunities ahead.

Said Watson: Steve is the right person to take the business forward he brings drive, deep operational experience, and the respect of the entire management team.

Dave Watson Croney highlighted: I couldnt be more excited about whats ahead reimagining whats possible for our customers and delivering an experience that earns their loyalty and trust while driving growth for Comcast.

Previously, Croney served as chief financial officer of the Connectivity Platforms division and held leadership roles in finance, operations, and general management across the company. Comcast said in those roles, he drove major initiatives, such as market expansion and network evolution, the launch of new products, and the use of AI and data to enhance the customer experience and operational performance.