Comcast's Burke Elected to Berkshire Board

Comcast Chief Operating Officer Stephen Burke has been elected to the Berkshire Hathaway Board of Directors.

Burke, who also serves as Comcast Cable's president, will join the Berkshire board in a newly created position.

"Steve at 51 is business savvy, owner-oriented and keenly interested in Berkshire, those are the three ingredients we look for in directors. Having him join us is a homerun for Berkshire." Warren Buffett, CEO of Berkshire, said in a statement.

With the addition of Burke to the board, there are now 12 board members, including Buffett himself.

Burke joined Comcast in 1998. Before becoming a part of the cable company he worked for The Walt Disney as President of ABC Broadcasting.

Burke also serves on the Board of Directors for J.P. Morgan Chase .

Burke's appointment to the board comes not long after a deal between Comcast and General Electric , CNBC's parent company, agreed on a deal to sell off NBC Universal to the cable company for about $30 billion.