Comcast has hired former Providence Equity Partners exec Alexander Evans to the post of executive VP, global corporate development and strategy, a hiring that coincidentally comes as rumors swirl that Comcast is considering a bid for all or part of Time Warner Cable.
Evans, who will report to Comcast vice chairman and chief financial officer Michael Angelakis when he joins the company later this month, spent the last 17 years at Providence Equity Partners, a top private equity firm, most recently as managing director and head of its new York office and as the co-head of the firm’s communications sector. Prior to Providence, Evans worked in New York for Morgan Stanley in corporate finance and was also a consultant with the Boston Consulting Group.
“I’m thrilled he will be leading Comcast NBCUniversal’s strategic business initiatives and managing its mergers and acquisitions efforts,” Angelakis said in a statement. “He will also partner with our various business units on market development opportunities with a focus on business and geographic expansion.”
Providence, no stranger to cable wheeling and dealing, sold Bresnan Communications to Cablevision Systems for $1.35 billion in 2010. In 2013, Charter Communications bought those former Bresnan systems, then referred to as Optimum West, for $1.62 billion.