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Wall St. to Phila: Comcast hires Morgan Stanley M&A chief

Robert L. Eatroff will be EVP, Global Development and Strategy

Comcast says it has hired investment banker Robert L. Eatroff, Managing Director and Head of Mergers and Acquisitions for Morgan Stanley in the Americas, as Comcast's new Executive Vice President, Global Development and Strategy, effective in January, reporting to CFO Michael J. Cavanagh, another Wall Street veteran.

Eatroff advised Comcast in its purchase of NBCUniversal in 2011, and is well-versed in tech, telecom, media and wireles, Cavanagh noted in a statement.

Eatroff replaces Alexander D. Evans in the EVP-strategy role. Evans is joining Cavanagh's predecessor, Michael Angelakis, at Angelakis' new Comcast-backed investment partnership; and also Bob Pick, SVP for corporate development and part of Comcast's fabled legal and mergers team of Block and Pick.

Pick plans to retire and will consult on special projects, the Philadelphia-based media company said in a statement. Chairman and CEO Brian L. Roberts praised Pick for his role in the company's "stunning growth" during Pick's 26-year career.

Eatroff, a Bucknell-trained engineer with an MBA from Columbia, "will be relocating from New York City to Philadelphia," Comcast concluded.