Ralph Roberts, Comcast's founder, has a new pay agreement that pays his 2007 salary and bonuses to his beneficiaries for 5 years after he dies.
And John Alchin, Comcast's CFO will retire at end of this year. Michael Angelakis will become sole CFO.
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news.yahoo.com/s/ap/20071228/ap_···nsation
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.
Comcast also said that John Alchin, its co-chief financial officer and treasurer, will be retiring at the end of the year. Michael Angelakis, who has been co-chief financial officer since March, will become sole CFO and treasurer on Jan. 1.