Comcast COO to Head NBC Universal

Comcast's chief operating officer, Stephen B. Burke, will succeed Jeff Zucker as CEO of NBC Universal.
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PHILADELPHIA (

TheStreet

) --

Comcast

(CMCSA) - Get Report

and

General Electric

(GE) - Get Report

Sunday said that Comcast COO Stephen B. Burke will become the top executive at NBC Universal.

The appointment will become effective upon the close of Comcast's purchase of 51% of NBC Universal from GE, the companies said in a news release.

Burke, 52, will succeed Jeff Zucker,

whose planned departure from NBC Universal was reported Friday

.

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Shares of Comcast finished Friday up 65 cents at $18.57.

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Ross Snel

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This article was written by a staff member of TheStreet.