Philadelphia-based Comcast Corp. announced Oct. 30 that Steve Croney will be promoted to chief executive officer of its connectivity and platforms division, succeeding Dave Watson on Jan. 1, 2026.
“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,” said Brian Roberts, chairman and CEO, and Mike Cavanagh, president at Comcast Corp., in a joint statement. “Steve has a clear vision, and is already leading with focus and urgency, while ensuring we are well-positioned for the opportunities ahead.”
In his new role, Croney will be responsible for Comcast’s residential and commercial connectivity businesses, including broadband, wireless, and its entertainment distribution platforms.
“I’m honored to step into this role and to work closely with Brian, Mike, and leaders across the business as we build on the strong foundation that Dave and our team have created,” Croney said. “I couldn’t be more excited about what’s ahead — reimagining what’s possible for our customers and delivering an experience that earns their loyalty and trust while driving growth for Comcast.”
At the same time, Watson will become vice chairman of Comcast Corp., 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. He’s built an exceptional team and we’re grateful for all he’s done and continues to do for our company,” Roberts and Cavanagh said.
“It has been a privilege to help lead this incredible team and to be part of this very special company and I’m grateful for the partnership,” said Watson. “Together, we’ve developed world-class products, launched new businesses, and created a culture that never stops innovating for our customers.
“Steve is the right person to take the business forward — he brings drive, deep operational experience, and the respect of the entire management team,” he added.
Croney, who currently serves as chief operating officer of connectivity and platforms, has implemented a new go-to-market strategy, including national packaging and pricing, a new creative platform, and reorganized the business.
Previously, he served as chief financial officer of connectivity and platforms and held leadership roles in finance, operations, and general management across the company, driving initiatives such as market expansion and network evolution, and the use of AI and data to enhance the customer experience and operational performance.