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Just in time for the holiday season, Comcast Corp. has struck a new five-year employment contract with its No. 2 executive and COO Steve Burke, who will oversee NBC Universal after the largest U.S. cable giant takes a majority stake in the entertainment company.
His new contract runs through Dec. 2014 and includes some financial windfall due to what a regulatory filing called his “substantially increased responsibilities.” Comcast also locked up CFO Michael Angelakis with a new three-year work pact and general counsel Arthur Block with a five-year deal.
Burke’s
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