
Comcast Names Star-Studded Board for New Media Spin-Off Versant
2025-07-24
Author: Jia
Comcast's Big Move: Meet the Board of Versant Media Group!
In an exciting development, Comcast has announced the formation of a dynamic board for its upcoming spin-off company, Versant Media Group! This new entity will encompass the majority of NBCUniversal’s cable networks and various digital platforms, making waves in the media landscape.
Versant is set to become a publicly traded company by the end of 2025, housing major brands like USA Network, CNBC, MSNBC, Oxygen, E!, Syfy, and the Golf Channel. Plus, it will include sought-after digital assets such as Fandango, Rotten Tomatoes, GolfNow, and SportsEngine. Notably, Bravo will remain with NBCUniversal.
In a significant move, Comcast CEO Brian Roberts will hold a one-third voting interest in Versant, similar to his stake in Comcast, although he will not be part of Versant’s board or management.
Meet the Power Players Joining Versant's Board!
Leading the charge is David Novak, former CEO of Yum! Brands, who will become Versant’s board chairman. He brings a wealth of leadership experience, having been a longstanding figure on Comcast's board.
The roster also includes:
- **Mark Lazarus**: As the CEO of Versant, Lazarus previously oversaw NBCUniversal Media Group and has profound insights into TV and streaming.
- **Rebecca Campbell**: Formerly of Disney, Campbell is now interim CEO of arts hub Meow Wolf and a passionate advocate for youth mentoring.
- **Creighton Condon**: A seasoned legal expert, Condon has profound experience in governance and complex transactions and leads a nonprofit focused on international understanding.
- **Michael Conway**: The former head of Starbucks North America, Conway also has significant board experience with McCormick.
- **David Eun**: This former Samsung Electronics president will lend his cutting-edge tech insight and entrepreneurial spirit.
- **Gerald L. Hassell**: The former CEO of the Bank of New York Mellon brings a wealth of financial acumen.
- **Scott Mahoney**: As the driving force behind Peter Millar, Mahoney has a strong background in brand acquisition and management.
- **Maritza Montiel**: A former deputy CEO at Deloitte, Montiel has vast consulting experience across sectors.
- **Len Potter**: A strategic thinker in the venture capital space, Potter rounds out the team with strong investment insights.
Strategizing for Success: The Vision Ahead!
Both Novak and Lazarus expressed their enthusiasm for this board, with Novak remarking on the team's collective expertise and future-oriented approach, poised to guide Versant towards success. Lazarus emphasized the importance of this milestone as Versant delineates its long-term strategy, positioning itself as a formidable independent media player.
As we look forward to the spin-off, all eyes will be on how this powerhouse board shapes the future of Versant Media Group!