STEPHEN BURKE

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STEPHEN BURKE

Steve Burke

Chief Executive, NBCUniversal

THE LATEST: In January, Burke announced that NBCUniversal will launch an ad-supported streaming service by 2020. In May, NBCU parent Comcast Corp. said it would sell its stake in Hulu to Walt Disney Co. for at least $5.8 billion.

BACKGROUND: Burke oversees a portfolio of news, sports and entertainment networks; a motion picture company; TV production operations; a TV stations group; and theme parks. He became chief executive in 2011 after Comcast Corp. and General Electric Co. merged NBCUniversal with Comcast’s programming assets. The former chief operating officer of Comcast, Burke had been with the cable giant since 1998. Burke also spent several years at Walt Disney Co. in various roles, including president of ABC Broadcasting. He also helped develop the Disney Stores chain and helped restructure Euro Disney in the early 1990s.

WORTH NOTING: Burke is on the boards of Berkshire Hathaway Inc. and JPMorgan Chase & Co.

YEARS ON THE LA500: 4

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