Comcast's Harrar Steps Down As Head Of Video Services

Derek Harrar, Comcast's senior vice president and general manager of video and entertainment services, has resigned from the position, the cable operator confirmed Friday.

Comcast has initiated a search to replace Harrar, according to spokeswoman Alana Davis. Currently, Harrar is looking at other opportunities within Comcast and outside the company, she said.

Harrar did not respond to an e-mail Friday requesting comment.

Comcast in May 2007 promoted Harrar to senior vice president and general manager of video services. In that position, he was responsible for all aspects of the company's video business, including basic- and digital-cable subscriptions, HD, video-on-demand and digital video recorder services.

Harrar also had been leading Comcast's early efforts on 3DTV, which included bringing The Masters 3D telecast to subscribers, and was instrumental in the "Project Cavalry" rollout of digital terminal adapters that has allowed Comcast to reclaim significant spectrum by retiring dozens of analog video channels.

Harrar joined Comcast in 2004 as vice president of business development and was subsequently named vice president of subscriber equipment, and later vice president of video product management.

In March 2010, Multichannel News named Harrar to its annual "40 Under 40" list.

Prior to joining Comcast, Harrar was vice president of business development for MegaSense, a venture-funded communications startup in Silicon Valley.

Before that, Harrar was an investment banker for Morgan Stanley in Silicon Valley and in New York. At Morgan Stanley, Harrar advised customers including Hewlett-Packard, Grupo Televisa, @Home, LSI Logic and VeriSign on 45 announced transactions aggregating more than $60 billion.